As we come to the end of a wild week, the KWN interview with Andrew Maguire is about to be released but first, take a look at this…
FX And Gold
By Peter Boockvar, Managing Director, Lindsey Group & Author Boockreport.com
September 8 (King World News) – Here is what Peter Boockvar noted as the world awaits the next round of monetary madness: Don’t fight the markets, especially in FX. Eventually you will lose. I send this message to central bankers who try their best to battle the FX market that trades $7 Trillion per day in notional value. All the QE and NIRP that the BoJ and ECB have initiated, let alone the NIRP and QE out of the Swiss, Danish and Swedes, doesn’t always result in an FX level that you want it to be…
Also, remember the history of direct failed FX interventions, particularly in Japan. Again, buy gold. It is approaching the highest level in 4 years. Unlike crypto currencies which now seemingly can be created in an unlimited fashion by anyone with a computer (there are now more than 1000 different ones), gold supply is really hard to get out of the ground, grows only about 1% per year and has been around for 5000 years. Also, why is every picture of bitcoin in the color of gold? ***Andrew Maguire KWN interview is about to be released!
***ALSO JUST RELEASED: Here Is What To Watch After Today’s Action In Gold & Silver CLICK HERE.
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