We ain’t seen nothing yet if the Ukie war cheerleaders have their way….for some frightening statistics, research how much inflation rises during a major war….no, we are not Venezuela yet, but with war time inflation, supply side inflation, piled on top of our current inflation- heads will spin, governments will fall.
The sad part is the die has been cast- why else is every world Central Bank buying RECORD amounts of Gold (except for the US!) ?
The Basel Agreement put cash and Gold as the only Tier One holding. The DTCC put a 100 per haircut on ALL digital currencies, 20-50 percent on equities, 20 percent on bonds……massive train wreck ahead.
Another fun fact: it was just announced Gold holdings now surpassed the Euro as a reserve holding…..I would say follow the smart money, Central Banks hate Gold, so why are they loading up in historic purchases?
Answer: Look out below!
Let me add, fear not. Hint: some are going to prosper immensely….prepare accordingly…and that doesn’t mean paper, debt instruments, or “ promises to pay”.
Exciting, historic times.