Gold’s Price Set To Soar
By John Ing, Maison PlacementsMarch 29 (King World News) – As if the world economy isn’t fragile enough, it appears that we are on the brink of a trade and currency war, compounded by a protectionist reversal of globalization that could sink the dollar which already has lost its traditional safe haven appeal. As the United States inflames relations with China and Japan, it risks a retaliation that could cause fearful investors to dump dollars and seek refuge in yen, euros and gold. Stock markets around the world plunged on fears of an old fashioned “tit-for-tat” trade war, evoking dark memories of the Smoot-Howley Tariff Act of 1930 that exacerbated the Great Depression, when global trade collapsed under a 40 percent duty increase. Ironically that disaster was the genesis for more liberalized trade,with America one of the chief architects. Yet politicians never seem to learn from history..."
By John Ing, Maison PlacementsMarch 29 (King World News) – As if the world economy isn’t fragile enough, it appears that we are on the brink of a trade and currency war, compounded by a protectionist reversal of globalization that could sink the dollar which already has lost its traditional safe haven appeal. As the United States inflames relations with China and Japan, it risks a retaliation that could cause fearful investors to dump dollars and seek refuge in yen, euros and gold. Stock markets around the world plunged on fears of an old fashioned “tit-for-tat” trade war, evoking dark memories of the Smoot-Howley Tariff Act of 1930 that exacerbated the Great Depression, when global trade collapsed under a 40 percent duty increase. Ironically that disaster was the genesis for more liberalized trade,with America one of the chief architects. Yet politicians never seem to learn from history..."
at https://kingworldnews.com/legend-says-fade-the-takedown-as-gold-set-to-spike-nearly-1000/
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