Currency wars to trade wars to hot wars. Hopefully the latter will not eventuate.
The easy money, borrowed at effectively zero interest rates has allowed companies in the USA to buy back shares. If interest rates go up as expected in the USA, how will this all play out? Of course, the USA sneezes and everyone else gets the flu.
Not sure how silver would go in a collapse of the equity markets..... would probably go down.... then maybe a good time to buy.
Currency wars to trade wars to hot wars. Hopefully the latter...
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