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One possible reason why gold is setting new records in dollar terms is fear of default; i.e. a growing realization that some governments are on the verge of stiffing their creditors. Today, default is becoming a possibility not just for third world backwaters, but for large economies such as France (youtu.be)

posted 242 days ago by seernewday 242 days ago by seernewday +28 / -0

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– seernewday [S] 1 point 242 days ago +1 / -0

https://www.zerohedge.com/geopolitical/rise-conservatives-eus-worst-nightmare-has-never-looked-so-real

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