Fiat Hunger Games: May the Worst Currency Win! Picture this: Fiat currencies are in a brutal marathon... but instead of crossing the finish line, they're tumbling headfirst into a pit of gold. 💸💥
Gold vs. USD, CAD, AUD, NZD, ZAR, INR —and the results are in: everyone’s losing. Some faster than others. Spoiler alert: AUD and NZD are nose-diving like they’re auditioning for the next Fast & Furious movie. Meanwhile, the USD is barely holding its head above water. 🟢
But here’s the kicker: while your dollars, rupees, and loonies are playing "How Low Can You Go," guess who’s quietly laughing all the way to the vault? Russia and China. 🤫
With 1,684 and 1,811 tons of gold stockpiled, they’re not just buying bars—they’re buying insurance against a crumbling fiat system. 🏦✨
And let’s be real—if the world’s biggest players are hoarding gold like it’s a Black Friday deal... what does that say about your hard-earned cash?
Time to ask yourself: Are you in the right race? Or are you sprinting alongside fiat currencies into the abyss?
Gold doesn’t race to the bottom. It’s the finish line. 🏁 #GoldStandard #FiatCollapse
GOLD/NZD
GOLD XAU - THE RALLY BACK UP - LONGGreat one here straight off the bat great upside potential - ignore indicator below its inaccurate gold will push up
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Gold new all-time high in NZD termsThanks for viewing,
After last weeks unexpectedly deep 50 basis point cut by the RBNZ the NZD has lost ground against USD www.ft.com Against a back-drop of a very bullish gold/USD price this has resulted in gold breaking its 2011 all time high.
I get the feeling that the a new monetary easing policy (QE4?) is around the corner from the Fed, so we are at the start of a new easing cycle. If we are at 1% rates (this is a negative real interest rate. Inflation is 1.9% presently tradingeconomics.com) at the start of an easing cycle, then negative (nominal - not just interest rates below inflation) interest rates are a very real possibility.
We may be approaching a time in New Zealand that it will be much more prudent to keep your cash in a safe, instead of paying banks to hold it for you. This happened in Japan and can happen in Australia and New Zealand as well: www.scmp.com
Remember that the RBNZ holds no precious metals (bulk sold in 1960s and the balance sold in 1991) and all of its assets are foreign currency cash assets www.rbnz.govt.nz Expect all of those cash assets to reduce in real purchasing power while gold continues to climb.
Protect those funds everyone.