A few days ago, we interviewed Egon von Greyerz of GoldSwitzerland.com about the geopolitical situation.
Is the US empire disintegrating? If so (spoiler: it is, according to our guest), should investors be stockpiling gold as billionaire hedge fund investor, Ray Dalio suggests?
When we spoke to Egon on Friday, gold was in the 1290 range where it had been hanging out for quite a long time. This is what it looks like this morning:
As of yesterday (following North Korea's missile launch over Japan), gold and gold miners have busted out above their 200 day moving averages.
Most of you here on Steemit will be children of the crypto so won't remember the long journey into the night for gold investors who have been waiting (impatiently) since the birth of bitcoin stole gold's momentum, but now could be gold's time to shine as madmen make their moves on the global stage where the old world order could be giving way to the new.
[Signed, Stacy]