Gold in other currencies is breaking out

[Serpo]

Interesting charts at this link showing gold breaking out from its high in a lot of currencies .....


http://www.zerohedge.com/news/2016-05-07/gold-doing-what-it-does-best

[Joshua01]

At some point very soon the world is going to dump the USD. I can see it coming

[cheka.]

At some point very soon the world is going to dump the USD. I can see it coming

except the other currencies are also frn

see trillions in bailouts and trillions in swaps done by frbny to sustain its so called competitors. frn backs virtually all of them. the one world currency is here, been here

frbny activities destroy any notion that there are 'competing' currencies

[Shami-Amourae]

To me that just means it's safest to hold my wealth in US Dollars.

[cheka.]

longer term charts on those backwater scrips would be even worse

[Joshua01]

except the other currencies are also frn

see trillions in bailouts and trillions in swaps done by frbny to sustain its so called competitors. frn backs virtually all of them. the one world currency is here, been here

frbny activities destroy any notion that there are 'competing' currencies

I didn't mean that that was a good thing, I just see it happening. The rest of the world flipping the bird to the USD

[Joshua01]

To me that just means it's safest to hold my wealth in US Dollars.

I try and spread it out across different means like dollars, metals, guns, ammo, long term food storage, etc

Got some in 401K and IRA too. I look at those as being the most likely to get swept out from under me but they're there if I outlive the next big correction

[cheka.]

I didn't mean that that was a good thing, I just see it happening. The rest of the world flipping the bird to the USD

me either. just pointing out that there is no other paper money to swap into...to escape the frbny squid