Gold at all-time highs in almost every currency

Gold has surged in 2020, after a few years of slowly grinding upward. Today, Gold (priced in USD) hit 1750, a price not seen since the bull market tops in 2011 and 2012!

Based on the global economic collapse we're in, which is far worse than the recession of 2008/9, gold should be priced FAR higher than it was during the last bull run.

In most currencies around the world, Gold has been making new all-time highs for years now. It's only the USD chart which makes gold appear to be sluggish. It's not - it is SOARING dramatically!

And $2500 USD is coming relatively soon.

Meanwhile, there is very little bullion to be found, either locally, or online. If you don't already have it, you might be out of luck, and holding a stinking bag of fiat manure.

What's next? See my prediction made over 2 months ago, which has been perfectly accurate so far. I have no reason to revise what I said there.

(Photo by DRutter)

Gold, silver, and other precious metals are the best money humans have ever used. Cryptos are excellent currencies, but they aren't a physical store of intrinsic value, so gold will always have a place in human finances.

DRutter

Posted Using LeoFinance