Why Is The Price Of Gold Going So High?

[Trump_is_Mentally_fit]

 

 

 

[The Frankish Reich]

This one is not arguable: a weak dollar is our policy.

And it is happening.

 

 

[All_Pro_Bills]

1 hour ago, Trump_is_Mentally_fit said:

 

 

 

There's been a confluence of events that have led to gold's rise. The confiscation of $330 billion in Russian central bank dollar denominated assets has facilitated BRICS and other central bank selling of dollars for gold because who wants to be next? The development of alternative trade and transaction settlement systems outside the dollar. Bi-laterial trade deals in local currencies. The inflationary spending policies of Biden, continued by Trump. Recently political changes in Japan impacting monetary and fiscal policies. European countries with empty wallets drowning in debt while pledging more spending on defense and social programs. Add in who knows for sure what's happening in China as they buy up most of the world's gold production. Buying from India. The US national debt approaching $37 trillion. The conclusion that the only way to resolve this is either outright default or inflation. Inflation it is.

[Trump_is_Mentally_fit]

1 hour ago, The Frankish Reich said:

This one is not arguable: a weak dollar is our policy.

And it is happening.

 

 

If, when?, the Supreme Court strikes down Trump's unconstitutional tariffs the federal government will have to pay back money it collected, roll the printing press! Gold will go even higher. 

 

If this was a Democratic Administration the right wing media would have the country in an wild uproad over this economic disfunction. 

 

if the court actually declares Trump has the power to unilaterally tax without the consent of the legislature our republic will be handed a big, big loss