Breaking! Gold tumble 11% while Silver price total collapse vanishing 33%

[coyote]

As long as trump is the president, gold will go up. Every central govt in the world has no more faith in USD in the short term.

Mid to longer term I think.

 

[gravity_infinity]

As long as trump is the president, gold will go up. Every central govt in the world has no more faith in USD in the short term.

Dont think its trump.

It wasnt trump who sanctioned russia and lock their usd bonds. It was biden administration.

It is now a fact the americans have no way to repay the 38 trillion debts n the only way to get out of debt is by currency devaluation. This is the reason why gold will remain high. The us dollar hegemony is over

 

[bakuten]

As long as trump is the president, gold will go up. Every central govt in the world has no more faith in USD in the short term.

it's mainly due to the Basel III rules....Gold is now as good as US Treasuries as collateral.

 

[bakuten]

Dont think its trump.

It wasnt trump who sanctioned russia and lock their usd bonds. It was biden administration.

It is now a fact the americans have no way to repay the 38 trillion debts n the only way to get out of debt is by currency devaluation. This is the reason why gold will remain high. The us dollar hegemony is over

or they can revalue gold and suddenly they got 8000 tons of it to back all those devalued debt lol.

 

[Visor9999]

Trump about to hoot Iran Liao.. the Geneva talk was clearly a bust.. will gold soar ???

Trump is against full scale invasion, at most like operation midnight hammer 2.0 with limited impact

 

[sg-united]

Analysts have already forecasted that 1SGD = 1USD. This means that the greenback will continue its downward trend till it reaches 1:1.

All the central banks in the world are snapping up gold and selling dollars because today dollar is going to worth lesser tomorrow.

Gold is the best tool against inflation. That’s why all the central banks in the world are buying physical gold. Singapore reserves are largely held in physical gold, storing somewhere in Western of Singapore.

 

[Visor9999]

the media is well known for spreading fake news

Trump usually very decisive and a definite win for any military approach he approves for Iran. Media like to over react his deployment in Middle East

 

[sg-united]

Trump is against full scale invasion, at most like operation midnight hammer 2.0 with limited impact

Yes, Trump is getting ready all his buddies to buy the markets when he pressed the button. His buddies will benefit from all his actions else they won’t fund his campaign.

The attack on Iran is just symbolic. Iran is different from Iraq. The US is too poor now to fight a long years war with Iran, like Russia vs Ukraine in almost 4 years of war.