North Korean risk is adding to the support of gold and silver bulls. Everywhere there is fear of Islamic terrorists striking anytime. The problem is not with Islam as a religion. The problem is with Saudi Arabia’s form of ‘Wahhabi Islam’ which is very brutal and inhumane. Saudi’s are luring more and more people to practice ‘Wahhabi Islam’ with the sole motive of ruling the world in the future. Crude oil money has ensured that Saudi’s finance the globalization of ‘Wahhabi Islam’ in every nook and corner of world. The American politicians are happy as it keeps American arms manufacturers full of long term orders. Religious terrorism along with political terrorism will continue to lend support to gold, silver, bitcoins and other non US dollar forms of investment.
Wednesday is a big day for metals and the US dollar with US GDP numbers and August private ADP numbers.
This post was published at GoldSeek on 29 August 2017.
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