RE:RE:Bomb Shell
You mean to say that those rich old money in Muslim countries don't invest in gold? Not even one bit to hedge? all because of religion?? That I find hard to believe.
In my opinion gold will go way up in the near future because the US (and its currency) is simply losing its influence everywhere like the southeast asia, middle east, europe, latam...US just lost Philppines, ISIS will dragged out as US getting more involved in Yemen...Russia gaining inflence in eastern europe...sanction against Russia won't last much longer...EU already divided from within...Brexit in March will show us more of that...The US is simply losing all its allies everywhere and loaded itself with debt....which would have been OK but unfortunately the money was not well spent/distributed which leads to more hacks, social unrest and brewing domestic crisis...
So...USD is not really the cleanest shirt in the laundry is what I'm saying. And if you believe it - add stagflation to that too. Now you've got the perfect environment for PM.
You still think the USD is the best