Over the last couple of weeks – I’ve written about the transition from global trade wars into currency wars. So far this year, we’ve seen the Argentina Peso and Turkish Lira get desecrated. But it’s not just Emerging Markets with ‘soft’ currencies being affected. The Australian Dollar’s also performing very poorly – same with the Canadian dollar. This shows you just how fragile the world’s currencies are when there’s a currency war – no one’s safe. And unintended consequences spread like flames of a fire. . . I wrote earlier this week that over the last two decades – gold’s never been shorted like this before. Take a ... (full story)