Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
One Trader Asks: ‘Who’s Buying Gold?’
Read more from The Macro Tourist
I’ll warn you right off the bat, I have been waiting to write
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
A few years ago, so many thought gold would be replaced by cryptocurrencies. I think the recent foibles in crypto have helped gold a lot.
The total US debt is now over 22 Trillion. How much higher does it have to get to reach the point where every cent taken in from taxes, license fees etc. will go to paying the interest on the debt? How are they going to run the country? MMT here we come. Yeah, I can see why gold and silver are still deemed to be precious metals and why central banks and countries are loading up.
I kinda wish this guy would get excited about a booming economy instead. But that’s not considered a sales pitch from anyone but a con man these days.
Sad.