Many European countries, as well as the United States, are “perching” by the trends of gold, so to speak. That is to say, those countries can’t afford to ignore these trends. Here’s a look at what’s happening.
The story that has been playing out for the past several months is that the European central banks are holding their euros in a safe. For most of the world, this is seen as a bad thing. But for those countries, it is seen as a good thing.
For example, according to the experts, the government in Greece needs to be prepared for the worst and not use its euros. Also, the market experts are saying that the yen and U.S. dollar are just not going to be left behind in the fight against the Euro. That’s because they already have strong currencies.
What’s happening is that the price of gold is continuing to go up in relation to the EUR. Now, the United States has been involved in a major gold trade for the last several years. Therefore, they are less likely to be affected by what’s happening in Europe. They still hold a very strong gold dollar.
Yet, that doesn’t mean that the Euro is safe. You see, the major players in the gold trade are seeing the Euro as something that will eventually weaken. And that weakness will eventually come back to the United States, causing the U.S. dollar to weaken.
It is actually quite ironic that the United States is holding its gold in the United States and for most of the world, the Europeans are holding their gold in Europe. But when the United States starts to weaken and the Euro weakens, the Greeks will sell their gold and the citizens of Greece will sell the Euros, so to speak.
When the United States Dollar is weak, the Gold markets are also weak. So, the main point here is that the Dollar is weak.
Therefore, the big players are fighting over the Euro. And right now, the United States, just like everything else in the world, is not going to be able to win on this one.
What are some of the other important things that you need to know about the situation? Well, there are various monetary analysts saying that the currencies are going to weaken and that they are not going to weaken all the way until the end of time. But, one thing is certain.
The weak currencies are going to bring down the Euro. That means that people who have money are going to make money. The problem is that the dollar is weak and it is going to get weaker.
In other words, there is not a ton of demand for gold in the United States right now, but the market is actually weak. So, if you have some gold, now is the time to invest. If you don’t have any gold, now is the time to get it.
However, the problem is that the economy is still struggling and there is a large supply of gold in the United States. Therefore, even though there is a lot of demand for gold, there is no way that people are going to be buying gold in any significant quantities until and unless the economy starts to turn around.