Ghost of Truth's avatar
Ghost of Truth 11 months ago
And the direction in which gold is fleeing is particularly interesting: from London and Switzerland directly to the USA. This is more than just telling, it is a terrible verdict on the policies of the European Union and the increasing control of its citizens. #gold #eu #usa
Carl B Menger's avatar Carl B Menger
BREAKING: #Gold just hit $3k for the first time in history. Something big is brewing! Prepare accordingly. image
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Replies (5)

DireMunchkin's avatar
DireMunchkin 11 months ago
IMO the gold flow is more about front running potential tariffs than capital flight. Basically the threat of tariffs means gold in the US is trading at a premium, because it may be cheaper than importing soon, and this is creating an arbitrage for exporting gold to the US.
Ghost of Truth's avatar
Ghost of Truth 11 months ago
Yes, that's true. But gopolitical risks in Ukraine are rising too