Soros: 'The Ultimate Asset Bubble Is Gold'
Gold is an almost perfect sentiment indicator because its utility value is currently only a fraction of its monetary value. The price of gold feeds off of non-confidence in central bankers as well as fear of societal collapse and war. … Because with gold, you know with apodictic certainty that there is a massive, incoherent, and unsustainable bubble and that gold is going down hard. It’s as clear and certain as a geometric axiom; gold is about ready to crash through the …
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