Does Saudi Arabia cut Oil Production to help their near term budget difficulties and cede market share to the United States, Iran, Iraq and Russia or do they stay the course and try to wait for the oil market to take that next leg down.
For those who have already lost their job, their home or the secure structure that once defined their life, the collapse is already here. And those slowly bleeding out clearly see the collapse just around the corner.
Gold buying surged to record levels in H1, 2016 due to increasing concerns about the political, economic and monetary outlook. In particular, deepening concerns about the negative interest rate money "madness" of central banks today.