Guavaxf3006
05-16 09:13

Gold and Silver.

The new panic is caused by inflation CPI report which shows the US inflation is going UP, not down.

This is driving bonds and USD higher. But I think this movement is temporary. Why would the USD go up if the USA is broke?

This Iran war is costing USA $200-300 million a day. Trump has basically admitted this when he is asking Congress for 1.5 Trillion $ to replenish the weapons drained.

Where is the money going to come from when the US is already owing trillions?

Will China help after Trump’s actions have been anti-China all along?

And Japan? Japan is already in serious trouble. They have no money to spend on US bonds.

And the Arabs? They are running dry too with Iran blockading their oil cash.

Gold and silver are real assets. This is where real safety lies.

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