Another domino has fallen.
Gold Prices are another canary in the coal mine:
![](https://images.kitco.com/img/height_756,width_1340/icms/384cc529-d589-4bdf-898b-d17a2a2ada2f.png)
Charles Payne had a gold hawk guest a couple of shows ago, that has their estimates at $3K by year end. If that happens, we basically without internal currency cailbration, will have lost 75% of $USD evaluation, if and when you realize that Au is a fixed value, and currencies basically float accordingly.
This can perpetuate, as long as the rest of the world continues to buy into the $USD as reference currency. Problem is.... There will be a point when the rest of the world gets fed up with poor U.S. fiscal policy, and an alternative is secured. Au? BRICS?, etc.
When the $USD is shot down, saying it is going to get ugly will be a massive understatement.