Money supply has x20 since 2000. Gold has x10 since 2000 ($260 - $2600). Gold is on it's way to match the money supply so another $2,600 still left. Central banks know this.
In the 70s Gold price went up x6 in that market where gas lines were a block long. But this market is dealing with global kaos, WW-3,BRICS,2 hot wars currently, 35.3 trillion national dept. Etc. Gold could go up x10 by 2030 or higher when the central banks or BIS revalue Gold to bring them out of insolvency.
The big cap Au Miners Earnings are out on 1st and 2nd Week of November and Fund Managers will rebalance their portfolios with them. So front run them, later next year go for the juniors.
The UK central bank sold all their gold at a low. Central banks are not the geniuses people think they are. They could well be overpaying for gold now. Only time will tell.
❓ Did the Fed's 50 basis point rate cut surprise you? Tell us in the comments!
Slightly. like a lot of people I was expecting 25 basis points.
Yes , if this was needed , why not 25 sooner & 25 now . Keep things calm .
Thanks you Charlotte for your interview with Mr. Blasi and his assessments.👍👍
Money supply has x20 since 2000. Gold has x10 since 2000 ($260 - $2600). Gold is on it's way to match the money supply so another $2,600 still left. Central banks know this.
Plus. You have to add the trillion every 100 days. Price will triple in 3 years.👍👍
In the 70s Gold price went up x6 in that market where gas lines were a block long. But this market is dealing with global kaos, WW-3,BRICS,2 hot wars currently, 35.3 trillion national dept. Etc.
Gold could go up x10 by 2030 or higher when the central banks or BIS revalue Gold to bring them out of insolvency.
Enjoyed Blasi's honest & straight talking take. Good interview, Charlotte. Thanks.
Great interview, Charlotte. I agree with everything he says. Thank you for your time and your content.
Thanks you Charlotte
Measured analysis, good questions, thank you Charlotte. Looking to add more PM’s, especially on any dips.
Great report. Thanks.
Silver is the life blood of war, there's to much war chasing to little Silver. Stack till your hands fall off.
Charlotte 🥰 💞💕
No, the cut did not because the whole world is in deep recession now. 😢😢😢
The big cap Au Miners Earnings are out on 1st and 2nd Week of November and Fund Managers will rebalance their portfolios with them. So front run them, later next year go for the juniors.
The UK central bank sold all their gold at a low. Central banks are not the geniuses people think they are. They could well be overpaying for gold now. Only time will tell.