/biz/ - Business & Finance

basicly all world centrals banks have started cut their interest rates just recently, and some plan going even negative interest rates, this has never happened modern history

this is currency war, and leads to inflation to all fiat currencies, thats why gold breaking out

$ 10 000 Gold is moderate estimation of future, and $ 1000 silver is totally possible

so all countries are record debt, everything is record debt, and now central banks cut interest rates, and some start again printing money, they call it quantitative easing, and many msm economist talking already that negative interest rates coming

this means that fiat currencies losing value big time, so when people notice this, they find safe heaven their wealth, and gold and silver is hedge against inflation, and been store of value of thousands of years