“Real Money” Is Outpacing “Paper Money”
Did you see Gold just close at the highest price in history?
This is something we’ve never ever seen before – Gold closing out a week above $2300/oz.
It’s the highest valuation for Gold in its entire history.
This is what that looks like:
But here’s the thing.
Gold making new all-time highs, priced in US Dollars, should not be a surprise to anyone.
When you take a look at how Gold has been doing, priced in other foreign currencies, it’s already been making new all-time highs for quite some time.
Take a look at the behavior of Gold when priced in some of the other currencies here below:
It’s not just that the US Dollar is now breaking down relative to real money.
It’s that all the paper money has been breaking down.
The US Dollar, to its credit, was the one who was able to hang on the longest.
But now even the mighty Dollar succumbed to the pressure.
And it looks like this is just getting started.
Gold’s current market capitalization is only $15.7 Trillion.
For perspective, the US Stock Market’s total capitalization is right around $50 Trillion.
The Global Stock Market is worth closer to $100 Trillion.
I think this trend is just getting going.
That’s why I put together a short report on where I think Gold and Silver prices are going this year.
Click here to download my FREE Gold Update.
JC
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