Gold: 32 trading days and counting
Comment of the Day

January 29 2019

Commentary by Eoin Treacy

Gold: 32 trading days and counting

Thanks to a subscriber for this report which highlights increasing speculative interest in gold and growing competition to become the biggest bull. Here is a section:

Eoin Treacy's view

A link to the full report and a section from it are posted in the Subscriber's Area. 

There are lots of reasons to own gold but one I think is more relevant than others right now. The governments of the world are getting ready to spend their way out of trouble and historically that has meant debasing their currencies. Gold cannot simply be lent into existence and is therefore a supply inelasticity asset compared to the rapacious appetite for debasement the world’s governments represent.

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