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Re: gfp927z post# 2475

Wednesday, 09/20/2023 3:07:04 PM

Wednesday, September 20, 2023 3:07:04 PM

Post# of 2592
GFP: Considering Powell's semi hawkish statement gold is holding up pretty well today. It's been hitting all time highs in many other currencies...the Yen, Yuan, Ruble, etc. With the DXY at @ 105 I would have expected gold to take a beat down to the high $1800s again. You look at the economic fundamentals, the geopolitical risks out there, and the prospect that the House Impeachment Inquiry gathers some traction and we have a potential perfect storm. The world is drowning in debt. Over $345 Trillion. The Central bankers and corrupt politicians of the world need a debt jubilee, and that usually come about after a World War.

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