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Repatriation of German gold ahead of schedule
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<p>[QUOTE="Brett_in_Sacto, post: 2707495, member: 71510"]Ignoring the peanut gallery that tries to de-rationalize the reality - gold is a store of value. Anyone else think Kurt would look great on Mars? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>And Germany just pulled in hundreds of <b><i><u>tons</u></i></b> of physical metal behind their walls. Because they are in turmoil and need to protect wealth as they consider exiting the EU. In fact, I dare say they are counting on it, and preparing to re-value their own currency.</p><p><br /></p><p>And while some may downplay that move - I would also suggest looking at what the UK is doing with physical metal.</p><p><br /></p><p>Because BrExit is now happening - and solid. And Germany may be the next to cut loose the chains of the union.</p><p><br /></p><p>As the euro loses value, the scramble to metals will increase throughout the union, and as a hedge by others.</p><p><br /></p><p>I'm not saying gold $10k or anything crazy, but my opinion is that metals will strengthen as this progresses.[/QUOTE]</p><p><br /></p>
[QUOTE="Brett_in_Sacto, post: 2707495, member: 71510"]Ignoring the peanut gallery that tries to de-rationalize the reality - gold is a store of value. Anyone else think Kurt would look great on Mars? :) And Germany just pulled in hundreds of [B][I][U]tons[/U][/I][/B] of physical metal behind their walls. Because they are in turmoil and need to protect wealth as they consider exiting the EU. In fact, I dare say they are counting on it, and preparing to re-value their own currency. And while some may downplay that move - I would also suggest looking at what the UK is doing with physical metal. Because BrExit is now happening - and solid. And Germany may be the next to cut loose the chains of the union. As the euro loses value, the scramble to metals will increase throughout the union, and as a hedge by others. I'm not saying gold $10k or anything crazy, but my opinion is that metals will strengthen as this progresses.[/QUOTE]
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