Gold ATH today 👀

Hasn’t come close to keeping pace with monetary debasement though.

Reply to this note

Please Login to reply.

Discussion

Feels like the price is constantly suppressed to remain under $2k, so being above is a big deal.

Guess we’ll see how high it goes

Yeah the paper markets are a great tool for syphoning real demand. Gold is a good economic indicator and it’s sensing something.

Governments and institutions don’t want people fleeing equities and seeking hard assets.