Sunday, February 21, 2016

Gold prices rising against every currency from Afghanistan to the United States

As many remember from the movie The Big Short, all hell began to break loose in March of 2007 following a year of declining stock market values and global slowdowns.  And justifiably, it was at this time that gold prices also rose in opposition to other asset class declines.

And after reaching its current trend peak in 2011 when the Fed chose to prop up stocks and housing once again with trillions in Quantitative Easing, gold fell back to a new support level of $1050 by the end of 2015.

But 2015 was 2006 in the parallel timeline, and a pre-cursor to the crash that would take place over the next 18 months.  And just as gold was a barometer for anyone watching as to the stability of currencies, economies, and assets eight years ago, it is once acting as that same barometer once again for nations A to Z, and from Afghanistan to the United States.


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