Australian (ASX) Stock Market Forum

Reply to thread

Inflation can only be countered via interest rate hike to be acceptable , but any hike will quickly bankrupt not only wall street but the US gov as the debt is now extraordinary massive.

And default would be catastrophic.

Not only for the USD but also Euro Yen all fiats.only gold backed currencies would survive intact: yuan and ruble which are backed by massive physical gold purchases in the last couple of years.

And maybe CAD AUD by association as gold producers.

It is a race against the clock for feds Wef to implement the Reset, all Covid pretexted population, media and financial controls before the bubble explodes..so for the time being,looking the other way...

I am long gold,silver and slightly cryptos. 

We have to be wary of the next distraction which will be created after covid:hot war with China,Iran? Who knows..another nth version of covid or Marburg virus..or just discovery that  alcoholic drinks are more dangerous than covid?


Top