Gold is being nostalgic

Gold trends are similar to those of 2009-2011

When the global economy enters the era of monetizing the debt and total weakness of the world’s major currencies, gold purchases are a good hedge against the flaws of the financial system. The increase in the US budget deficit by $4 trillion and the public debt is going to surpass records set in the post-World War II years require additional issuance of bonds, whose major buyer is the Fed. The central bank is monetizing the debt, it doesn’t matter whether through intermediaries or directly. The Fed’s balance sheet can be boosted up…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>