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Gold has dropped every time the US does something stupid with Iran, the opposite of conventional wisdom. I think that countries are having to sell their most li
by mikewarot 1mo ago
Gold has dropped every time the US does something stupid with Iran, the opposite of conventional wisdom. I think that countries are having to sell their most liquid asset, their gold, in order to buy oil from sources outside the gulf.
I'm not a financial planner, and my gut instincts have been wrong far too many times for me to give advice. I'm just noting the odd thing going on right now.