China will be replaced by India, they have around 12000 dollars of gold per household which is double the average annual income. India has enough wealth to stimulate the economy in a recession and replace china .
The financial outcome of the US was inevitable. We just didn't think a US president would be the one to nuke the whole economy and make so many enemies in the process. Trump is good for gold. Who cares about Trump, the US needs to learn a lesson the hard way.
Warren buffet is knocking gold which I find surprising. The old guard don't know how to manage money anymore because the whole market is overvalued and they are stuck in US bonds. They have become so big they are finding it hard to enter or exit the market at a reasonable price. They are in denial about the state of the world and think that gold is useless which he states in a video which shocks me.
RMS Price at posting:
$2.67 Sentiment: Hold Disclosure: Held
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