France? Australia? CANADA!?
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Why is AU going up?
- Thread starter kmiklas
- Start date
France? Australia? CANADA!?
All I really know is that everything is connected.
Europe (and the Euro currency) are in terrible shape.
Smoke has been wafting out of upper story windows in Japan for years.
EM's have issued debt tied/pegged to USD. Higher USD means world of hurt for that paper.
The Repo-thang in US debt market is all about keeping a lid on rising interest rates, which would add fuel to an already strong USD.
Everything is connected. In time we will all know which country or continent is patient zero of the contagion. The US with it's reserve status, will be near the end of the contagion. Which bodes well in my thinking for Canada and possibly Mexico.
When is end of days? Still several years off IMO. That does not mean there will not be spills and thrills along the way.
I don't know, it makes sense to me to buy both gold and USD.And physical gold does not pay interest or dividend. The "for" USD bullet points do not explain the new multi-currency bull market in gold, unless the REAL problem is non-USD based. [wink]
gold follows stocks.
earlier they were almost dead and now they are not quite dead but they the markets think they are better and are celebratingEurope (and the Euro currency) are in terrible shape.
OK metalheads, wth is going on with the price of gold?
The bear market, which started in 2011, is over, and it's now in a bull market?
The U.S. economy is red hot... why are peeps buying into gold? is their capital not better placed in the equity markets?
This may be weighing on some folks.
https://www.elitetrader.com/et/thre...s-not-so-obvious.151802/page-663#post-5018094