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UGLDF - Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
VS 3X GOLD
The following is an update of a previous article:
During the 2008 financial crisis the Fed significantly increased the US monetary base to keep the system from collapse. They are currently in a similar situation, and have done (is doing) the exact same thing.
Here is a chart of the US monetary base to illustrate the similarity:
With the 2008 actions they were able to avoid the collapse until now. Will the current actions yield the same results, or will we see a completely different outcome?