The prediction flows naturally from the ongoing global debasement of currencies. From Egon von Greyerz at goldswitzerland.com:
What a bloody mess! Well, economic collapses and wars always are.
But sadly it will become a lot messier!
We now have two dangerous wars, maybe we will have a global war. We have a coming collapse of stock markets and debt markets and a banking system which probably will not survive in its present form.
But there is always another side of the coin.
There will be opportunities of a lifetime not just to preserve your wealth but also to amass an incredible fortune. More later.
WHERE BLACK GOLD GOES YELLOW GOLD WILL FOLLOW
Oil and gold are best friends. As the chart of the Gold – Oil ratio for 50 years shows, below, gold and oil move very much in tandem within a narrow range. So if oil now goes up due to the Middle East crisis, gold will follow.
AS IF CLIMATE CHANGE, VACCINES, LOCKDOWNS, WOKENESS, STOLEN ELECTIONS, CBDC, DEBT etc WASN’T ENOUGH
As if all the above wasn’t bad enough, adding a Middle East war to this makes the crisis properly global and the step toward a Global or World War is very short even dangerously short.
We thought we had enough trouble with climate change, ESG (Environmental, Social, Governance), wokeness with 27 genders and canceling history, forced vaccines and lockdowns, high taxes, high inflation and debt that can never be repaid.
