Posted 15 February 2017 - 04:08 PM
bingo. and it looks complete. we should be ready to advance. silver above resistance too.
raising rates doesnt necessarily mean a rising dollar. a rising dollar will hurt multi nationals. volcker raises rates into the
sky , it never slowed gold down. coming to conclusions w/o considering the whole picture could be hazardous to ones financial health
alot of 3rd world countries have borrowed in dollars, and i do think the dollar could run at some point , will cause all kinds of
problems in the system, especially since these countries are expected to repay their loans. watching greece as a sort of lead. in
spite of greece letting germany off the hook after ww2 , the germans did not take that stance towards greece, which is in depression
mode. what will they do? and i suspect most debtors are in that situation. its a whole new playing field. its all playing w/confetti
what is the confetti going to be worth? each currency wants to be the cheapest so exports are desirable.
get ready , this is going to get interesting