My comment: Gold acquisition by India might be an unintended second
August 15, 1971. Let us watch gold price and US dollar along next few
days or one week. Let us hope that gold and US dollar will reverse
pegged again: either USD falls and gold rises or viceversa.

If gold and US dollar depegged finally, it is going to mean that USD
is no longer a refuge at all now. Now, not in the future. I do not
mean main refuge (it is not main refuge already), I mean a refuge, I
mean it would mean USD became a risky currency as many in Africa,
Latianamerica or some in Southern Asia.

If so, investments timeline should shift as soon as posible.

Peace and best wishes.

Xi
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