Gold at $4,300 sounds expensive until you measure it against the money supply. Chinese Yuan hits strongest level against the U.S. Dollar since February 2023. DOW 100,000 if we head into a severe recession?
Gold at $4,300 sounds expensive until you measure it against the money supply. Divide global M2 by every ounce ever mined and you get gold's fair value. That ratio has climbed for two decades and points at $20,000. Every dollar printed dilutes the last. Gold is the one money no… pic.twitter.com/hOyqpsnJYp — Kurt S. Altrichter, … Read more