Loading ...Maddog – we’re going on the assumption that the Chinese are the only sovereign buyers. The US has made it very clear we are not reliable stewards of the world’s reserve currency now that we’ve weaponized it. I don’t know how any foreign countries can continue to hold our treasuries, just too risky. Seems their choice is down to Bitcoin or gold. I’m not 100% sure that the buyers aren’t wealthy elites around the world, trying to rid themselves of dollars. What’s weird is the dollar strengthening – up 1.6% last week.
Seems tonight in Asia pm’s should open higher, I would hope on a tear. Then it will be up to London to try to contain before the banksters come in again and throw more paper at us.
Aurum – seems plausible. They probably had to knowing that gold would explode on Sunday night.
This world is going nuts. Our country is in trouble and lead by demonic psychopaths. Sad.