The ripple effects of the war have already begun.

The plunge in gold 📉 won't stop.

Turkey may be dragged into a very brutal financial defense war. The Turkish central bank has already been forced to use its gold reserves to support the lira.

A country wouldn't do this unless it was at the end of its rope.

This is like telling the whole world you have to sell your last-resort assets for cash, which will only further erode market confidence.

The last country to sell gold to protect its exchange rate was Venezuela.