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
Discussion
There was a very interesting discussion regarding gold in this rip. Did you watch it yet? V highly recommend.
Thank You. That's for tomorrow
There will be signs if you are open to them and paying attention!
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.
Yes, that's true. But gopolitical risks in Ukraine are rising too