Loading ...Things are so bad in gold that I’ll gladly read and believe ole Egon even though he’s been saying the same thing, weekly, for as long as I can remember..from his mouth to G*ds ear trumpet!
EVEN THIS DOESN’T SEEM TO HELP GOLD:
Last night, Trump issued a statement affirming that the relationship with Iran is “broken beyond repair” and placed new sanctions on Iran’s industrial metals sector. Meanwhile, the Iranians have dismissed Washington’s dispatching of the aircraft carrier and several B-52 bombers to the region.
The Iranians have warned that they would retaliate if US forces get too close – possibly by blocking off the critical Strait of Hormuz (vital to the global oil trade) or responding with violence. If the aircraft carrier is indeed heading for the Persian Gulf, the situation could swiftly spiral out of control.