As one of the few currencies that isn’t beholden to a government for its ultimate value, gold is more likely than not to be a beneficiary of any escalation of the currency wars.
“The Statesman who yields to war fever must realize that once the signal is given, he is no longer the master of policy, but the slave of unforeseeable and uncontrollable events..."
Global debt time bomb surges to nearly a ‘Quarter Quadrillion’ ($250T) as Trump's trade war risk increases and Russia dumps nearly $90 billion in US Treasuries
The hallmark of an economic Ponzi scheme is that the operation of the economy relies on the constant creation of low-grade debt in order to finance consumption ...
Currency reset or global monetary reset (GMR) is upon us (see video). Russia dumped half their US Treasuries in April ($47.4 billion out of the $96.1 billion it had held) and bought 600k ozs of gold worth just $750 million in May