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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 380.20

+1.6%

Nov 24 4:00 PM EST

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To: TobagoJack who wrote (184593)	2/28/2022 4:05:45 PM
From: bull_dozer	Read Replies (3) of 218007

>> Gold, at the current time is saying ‘no war’. Given that the war-metal is saying ‘no-war’, then nothing much has been priced in, am guessing. Yesterday's article by Ambrose Evans-Pritchard has some interesting posits, including Putin could crash gold and cause an energy shock: It is believed that two-thirds are located at the New York Fed, or in London, Frankfurt, and other Western jurisdictions. The reserves can be frozen. Putin still has gold under his control, so brace for a crash in bullion prices as he dumps 400-ounce Soviet bars on the Dubai market, all the way down to final Tsarist bars with the imperial eagle.If these estimates are correct – and it may not be as simple as that – Putin will no longer have the means to stabilise the rouble, or to help Russian companies cover some $330bn of external debt as repayment comes due. Message 33732947

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