1995-2000 USD to the Moon.. 2020-2023 USD down the toilet1995-2000 US Dollar blasted to the Moon ... 2020-2023 US Dollar will go down the toilet
In 1995 to 2000
Many US Central Banks was dumping gold because the USD was paying you high interest .. gold doesn't pay interest so buying USD was at a huge advantage.
In 1995, the US 10 year Treasury rate was paying you on average 6.57%
The US National Debt was only $4.2 trillion backed in 1995
The Treasury Department show a $70 billion surplus in 1998
The 90s was the biggest and longest US Bull Market of all time.. DOW went up 430 % during that decade. Nasdaq went up more than 500% from 1995 to 2000 The Federal Reserve have to raised rates multiple times to cool off the booming economy and booming US Stock Market... ultimately leading to a US Stock Market Crash
In 1995-2000 .. US have no major competition, United States was at the top and everyone else was doing catch up .......... that's when America was Great.
The Federal Reserve rasied rate
US Dollar went to the MOON and Gold went down the toilet during 1995-2000
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2020-2023
2020.. You now have Central Banks hoarding gold bars, and buying more gold bars. After the interest rates yield went down close to ZERO. Many Central Banks now planning to add even more gold bars in the next 12 months. MASSIVE CENTRAL BANK BUYING OF GOLD coming
Today in 2020, the 10 Year US Treasury are paying you close to ZERO interest. USD have a long way to fall from here because Gold now have no competition. USD cannot compete with gold with ZERO interest rate. As the US government keeps racking up more and more debt , USD will continued to fall. The next 3 yrs going to be very explosive for Gold.... the price is heading to $3000-$34000 in 1 to 2 yrs and later gold will rise to $4000.00
The weakening faltering USD due to COVID-19, GIGANTIC DEBT, ZERO INTEREST, PROTECTIONISM , GEOPOLITICAL TENSIONS , and possibly even WAR breaking out.
coming
Gold is heading to $3000-$3400 in 1 to 2 yrs and later rocket to $4000.00
The US NATIONAL DEBT are heading towards close to $29-$30 trillion by end of this year.
Do you want to buy USD with zero interest and unlimited printing that drives the value down by 30% or 50% ??
CENTRAL BANKS going to be adding more and more gold in the next 12 months in a aggressive manner.