Gold: A Healthy, Sustainable Uptrend
Money supplies are sky-rocketing, debt is being monetized, interest rates are falling.
Money supplies are sky-rocketing, debt is being monetized, interest rates are falling.
I’m deviating from my usual quarterly format, primarily because events warrant an update. Since I last wrote just eight weeks ago, we’ve gone through a number of Covid-19 induced changes. The most visible fallout is on the economic front, where GDP contraction and employment loss remind of the Great Depression.