'Gold being tested; should hold better than most anything but is a trade war starting?'

from ibtimes..........

"IF a trade war starts we are in for a long downward stock spiral. After all, trade wars were what emerged after the Great Depression turned worse well after the initial stock crashes started in 1929 to around 1931-32. And that was a US election year period as well.

Errie similarities to the Great Depression

There are so many similarities with the developing world economic depression and that fateful period in 1929 and then the bank crisis around 1931 (actually bank closures and collapses that spread around the world in the several years after the first stock crashes in the late 1929 period). The parallels are striking and even with our advanced economies and electronic banking and electronic money, all the same problems are reemerging and even the timing appears to be intact too, first a stock crash worldwide followed by several years of stock turmoil but a relief rally, then - get this ultimately the US Dow crashed all the way down to minus 90 PCT"...............READ MORE