Will this Black Swan Event that will take down the global fiat system? It may have already begun, even if Mexican tariffs never go into effect, counterparty confidence between the US and all trading partners has been smashed. With the US currently renegotiating key global trade agreements, that confidence is critical -- and now it is gone.
There is always danger in change as old agreements are broken.
Central bankers know that wealth built on the “debt illusion” is fleeting, but real gold, used in every aspect of the economy and globally accepted, is savings. That’s why we’ve seen the flight to gold since 2008.
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