$SPDR Gold Shares(GLD)$ Gold is going to keep rising for many years.
Today and last week the senators are talking on Meet the Press about taking Russia's money to give to Ukraine.
300 billion is peanuts but it makes China realize US could take their trillions in foreign exchange reserves so they and other countries selling US dollar reserves and buying Gold. There are 11 trillion in US dollar reserves imagine this for 300 Billion ?
They are killing the golden goose dollar for a stupid 300 billion that is how dumb our senators are.
IMF woman said "Consider the possible unintended consequences" Imagine this. Just talking about it makes gold rise big.
Any country that goes against the US they will freeze their dollars ? Think that what they are thinking...
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
