RE: KEFI EOY 2026 SP £123 Jul 2024 20:34
In the 90s, Computers came in to the world. Everything computed. WWW was an US Army project and they thought they can take over the world with Information Knowledge. Then in the 2000s, the interest in the world came down, to as low as .01%. This fed the chase for Technology and the lose of Gold. I got married in late 90s in Dubai. That city was called the Gold city, because it was a massive supply of gold to India. Then in India gold had a 10% Tax if brought from abroad. Now it is 3%. My mother when she visited us in late 90s, she told me to invest in Gold. The POG then was $200/Oz. I was completely sold to Technology, my other three brother had moved to USA in IT. The I got a job in UK and moved to UK, then the 2000 Wall Street collapsed. The house prices started to go up. My next-door semi brought his house in 1996 for £36K. The one to the other side of the driveway brought his for £60K. I brought mine in 2000 for £84K. All our house interest have come down from to 7% to 2%. The economy of the Western world under Technology and Information Tech.
Everything in Geosphere was controlled by USA. They brought in China in the late 80 to supply the low wage workers. This helped to lower the interest rate and fund the weapons, tech, furnishing household etc, on the strength of the US Dollar. Here again the house building carried in the last 30yrs, the population of the world and number of houses grew into multiples.
And in these last 25yrs the price of commodities collapsed, all because of the US Dollar. The Anglo-Saxon world of USA, UK, Canada, Aus-Nz and the EU their population is growing lower. However the number 3rd world of South America, Africa, China, India, SE Asia is growing and most of their folks invest in Gold and Silver. So the price of these commodities will increase.
This growth of China and India, the fundings of Ethiopia, SA, UAE the next change will happen in the global world. @$200oz Gold has now close to $2500. The S&P is expected to creep to 7000units and then collapse, Gold will be chased by everyone. CDBC will crush the BitCoin, it was another USD project after the 2008 COLLAPSE.
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