Turkish Lira and Gold Take A Hit- Is Economic Collapse on its way?

in #economy6 years ago

Another day in the world of Economic Crisis seems to be unfolding. 2018 into 2020 will go down in history as the moments where the markets unravel. The Turkish Lira today hitting such a hard wall the government instituted capital controls, saying you would be arrested if you spoke poorly about companies in Turkey? Well, I might not be allowed back in!! The gold markets tumble as well on some of this news, which is unusual, it normally gets stronger alongside the USD in these moments. It's going to be a wild ride chartings trading and preparing for the large global shifts in money and wealth. Its one of the reasons we have been such strong supporters of bitcoin and the blockchain technology. decentralization of power can help us all .

Zerohedge: https://www.zerohedge.com/news/2018-0...

#turkishlira #blockchain #arcanebear
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They definitely aren't letting you back in now 😂😂. Seriously though, gold moving down also is very confusing to me. Seems as though nothing is safe, so much for all the gold bought as a hedge. Whatever is in the cards, there seems to be no certainty. I like shiny gold, but it cannot be eaten..😐