CD Media
Markets

Gold Lessons From The 1970s

Poland Wants More Gold: "The 'Most Reserve' Of Reserve Currencies"
Gold Bars At Grand Emperor Casion in Macau

Please Follow us on Gab, Minds, Telegram, Rumble, Gab TV, GETTR

The long-term case for gold remains intact. The ratio of total US M1 (adjusted for the recent savings deposit re-classification) to gold has continued to surge higher, showing the underlying trend remains bullish.

A bullish long-term trend does not mean things move in a straight line. Even the gold bull market during the high inflation of the 1970s saw an extended crash of 40%+ for 1.5 years from 1974/75 and another 20% crash in 1980 that ultimately ended up being a 50% peak to trough drawdown…

To read more visit Zero Hedge.

Keep The Truth Bombs Coming From CDMedia! Donate!  

Related posts

China (Officially) Buys Gold For 7th Straight Month As Treasury Holdings Tumble

CD Media Staff

White House Weighs Economic Retaliation Against China As Hassett Warns “All Options Are On The Table”

CD Media Staff

Powell Sounds Surprisingly Dovish, Oil’s Rally Continues

CD Media Staff

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!

Clicky