With super low interest rates around the world leaving no cuts left to stimulate anything,the continuing US China trade war,the US and Iran butting heads over the oil supply line and a tightening of the Gold supply fear seems to have gripped the Gold market. As I always though "Wall St" would not be able to suppress Gold much longer and it looks to me that Gold has broken free for now. The only question that I have now is how high and how quick will Gold go. I suspect Gold will continue to rise because were else do people with money park their $$$$$$$ other than real estate. I will be watching very closely
The problem with real estate is that current prices are dependent on bank debt. Imagine what property prices would be if banks suddenly stopped lending and buyers had to raise cash.
