BREAKING! Gold just hit all time high! What's going on?

[Taimoor Khan]

This is big. Ever since record started this is the highest gold has ever been. And rising continuously as I wrote this.

What's going on? Any major geopolitical event on horizon in near future?

 

[Clutch]

View attachment 653249


This is big. Ever since record started this is the highest gold has ever been. And rising continuously as I wrote this.

What's going on? Any major geopolitical event on horizon in near future?

A response to the Trillions of Dollars of quantitative easing... Ie.. money printing by Central Banks across the globe due to the Coronavirus.

 

[ARMalik]

Frankly, the amount of fake money these A-hole Central Banks are printing out of their arse, the price of Gold needs to be much higher; in fact Gold price should be DOUBLE of what it is currently. Gold price is heavily manipulated by these fraudsters. And that is why US Dollar's reserve currency status needs to be finished urgently, and a new Global Reserve Currency backed by Gold needs to implemented for the betterment of humanity.

 

[Taimoor Khan]

Frankly, the amount of fake money these A-hole Central Banks are printing out of their arse, the price of Gold needs to be much higher; in fact Gold price should be DOUBLE of what it is currently. Gold price is heavily manipulated by these fraudsters. And that is why US Dollar's reserve currency status needs to be finished urgently, and a new Global Reserve Currency backed by Gold needs to implemented for the betterment of humanity.

This has to be the biggest con ever pulled in human history. American Federal reserve bank keep on printing the dollars out of thin air with no intrinsic value to it, and expect world to keep on using dollar as reserve currency. America will go to war if attempts are made to destroy this system, so rather taking a direct approach, there should a parallel system for those who wants to get out of this system with more value based one. Those who want to remain in dollar dominated system, can stay there.

 

[truthseeker2010]

The day china says trade with me in yuan will be the death of dollar.

 

[Taimoor Khan]

https://www.bbc.co.uk/news/amp/business-53555771

Gold hits record high as investor jitters spread

 

[KhanBaba2]

The day china says trade with me in yuan will be the death of dollar.

China has been saying that for a few years.

 

[Moonlight]

Pakistani women are so upset. Lol.

 

[Musings]

Gold could reach $2,000 per ounce due to several reason - corona virus not helping - quantitative easing - federal reserve meeting soon keep interest rates minuscule - perfect conditions for a gold boom price. @Mangus Ortus Novem what do you reckon sir?

 

[Imran Khan]

i think it will crash sooner be careful

 

[UniverseWatcher]

it will crash once the pandemic is over....

 

[Taimoor Khan]

it will crash once the pandemic is over....

Its nothing to do with pandemic. More with what's going on between China and US. America hate gold, as it undermine its dollar.

 

[Mrc]

World is expecting collapse of USD

 

[UniverseWatcher]

Its nothing to do with pandemic. More with what's going on between China and US. America hate gold, as it undermine its dollar.

 

[jamal18]

i think it will crash sooner be careful

It will crash when they stop printing dollars by the truckload.