/biz/ - Business & Finance

Oh shit! It's almost time to rise up Gold and Silver Chads! This would mark the 4th state to adopt using both gold and silver as legal tender again, Trump's gold backed currency might not be such a fairytale after all!

https://www.zerohedge.com/economics/south-carolina-legal-tender-act-would-treat-gold-silver-money

All Gold and Silver Chads check in! Our time has finally come! All indicators are now signaling that both Gold and Silver will breach previous ATH's.

>“We’re now going from trade wars almost into currency wars,” said Whitney George, president of Sprott Inc., a precious metals-focused fund.
>“Gold is a currency, but it’s nobody’s obligation, so it will stand tallest when everyone else is trying to debase their currency to be competitive globally.”

>But its not just analysts that are piling in. Large speculators' net positioning in gold is near record highs and silver positioning is also soaring.