The New CS Board

[jumanji0881]

So, will cryptocurrencies' demise translate into more support for Gold ? I've been reading several analysts who are negative on gold's prospects for the end of the year. I think we're in uncharted waters and the probability of something breaking and causing another financial crisis is high. Two vulnerable weak links are 1) Japan as it keeps QE in place even as it weakens the Yen an causes a lot of inflation, especially in the price of oil which Japan imports a lot of AND 2) The EU's attempt to prevent fragmentation (where rates on sovereign debt rise in weak sovereigns with a lot of debt, like Italy, relative to stronger sovereign debt like Germany). And then there are derivatives.