
Gold As Cheap Today As In 1971 At $35
Gold is as cheap today relative to US money supply as in 1971 when the price was $35 and in 2000 when gold was $290.
Read articleGold is as cheap today relative to US money supply as in 1971 when the price was $35 and in 2000 when gold was $290.
Read articleChristine Lagarde's denial, its refusal to raise the key rate, and its apathy towards inflation, will prolong the weakening of the euro against the dollar, thus creating an additional cause of inflation (raw materials being paid in dollars, the fall of the euro mechanically increases their price)...
Read articleInflation figures will probably still be very high in Europe and the United States, especially because of record high fuel prices. But it is the Japanese inflation numbers that now need to be scrutinized.
Read articleLooking ahead, gold might attract further interest as a diversifier as central banks seek to reduce exposure to risk amid heightened uncertainty. Our expectation stands for central banks to remain net purchasers for 2022.
Read articleInvestors who buy physical gold at this price level are buying insurance against the risk of a monetary policy error by the Fed.
Read articleBank of Russia Governor Elvira Nabiullina dismissed the idea of pegging the ruble to gold after the Kremlin said it was a proposal under consideration.
Read articleSilver demand will climb to a record level this year thanks to increasing use of solar panels as governments boost renewable energy to meet climate goals, setting the stage for years of supply deficits, an industry report said on Wednesday.
Read articleAt the start of this week, gold is correcting, but the pullback is very measured when you look at the pace of the rise in the U.S. ten-year. The fact that gold is not correcting under these conditions is evidence of the significant level of demand for the precious metal.
Read articleInvestors who ignore the importance of gold will see their paper assets decline by up to 98% in real terms.
Read articleHow the future global monetary system will be designed is still completely open. Will centralized central bank digital currencies (CBDCs) set the tone, or will the money supply be (partially) privatized as private cryptocurrencies like Bitcoin are used as a means of payment in everyday life? What...
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