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Re: asadi post# 7263

Sunday, 09/15/2019 8:09:45 PM

Sunday, September 15, 2019 8:09:45 PM

Post# of 19488
Gold prices moving up

I am not wanting gold prices to move up due to a general war breaking out in the Middle East. There are plenty of reasons for gold to move up from all of the money being pumped into the economy worldwide plus the US spending an extra trillion per year that it has to borrow before it can spend it as the country edges closer each day to a debt crisis and currency crisis.

Prior to this not many people seemed to care and/or be aware of the war between Saudi Arabia and Yemen. Our failure in not getting our ally in the region, Saudi Arabia, to stop this war, or at least agree to a cease fire and negotiations, now has resulted in the other side landing a devastating blow on them with this strike on oil refineries. This could tip world economies into recession, and may even end up with a ground invasion of US ground forces into Iran at some point if they are blamed for the attacks. Of course, Saudi Arabia may retaliate against Iran on its own if they think Iran is responsible for the attacks and have a general war going on in the entire region.

Louis J. Desy Jr.
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