Yen Carry Unwind Rears Its Ugly Head as Central Bankers Run to Safety of Gold.(maneco64)

The rush to gold indicates that the problems faced by the financial system, the huge debt levels, are becoming too difficult to manage, especially with the rise of the BRICS alternative system to the US dollar. The BRICS countries are all heavy on gold. Other countries are now following this example as things come undone. 

[Posted at the SpookyWeather2 blog, September 5, 2024.]