Bank run in Turkey. People are rushing into gold on Istanbul Bazaar. Is it the end game for the Turkish Lira? Not yet. We have Covid returning, and we remember the run for toilet paper. The virus could provide the Lira a second life.
https://uk.reuters.com/article/us-tu...-idUKKCN25A0GW
https://www.zerohedge.com/markets/tu...old-while-lira
Too late. You should have gotten your fix of gold BEFORE these things start to turn ugly.
Watch closely, rest-of-the-world. Where Turkey is now, whewre Arenbtia has been repeatedly, we others will be in the future. Say ten years, say twenty years: the timetable is open for discussion. The outcome not.