Those who says gold is irrelevant and fiat money serves a social purpose should receive their salary in dinars or pesos.
GOLD IS MONEY. ALL ELSE IS CREDIT
Those who says gold is irrelevant and fiat money serves a social purpose should receive their salary in dinars or pesos. pic.twitter.com/g5VNQqPkgj
— Daniel Lacalle (@dlacalle_IA) May 6, 2020
#Gold on course to fresh highs? Global holdings in bullion-backed ETFs have just hit a record >3,000 tons in a sign of continued allocations by investors in time money printing. pic.twitter.com/uDR34tZvpf
— Holger Zschaepitz (@Schuldensuehner) May 6, 2020
There’s Rising Demand for Gold as an Insurance Policy’ in a Global Crisis
Garrick’s CEO: We’ve taken quantitative easing to another level, and of course that puts pressure on paper money, and you measure that with the price of gold,” Bristol noted. “We’ve seen prices go up across the world.