As always happens in a crisis period, the fiat currencies that have, until now, appeared to be sound, will sink dramatically and gold will once again rise to its intrinsic worth.
Our quarterly ITV report examines the performance of precious metals vs. other major asset classes during the first quarter of 2022.
The circumstance of stubborn inflation, elevated political conflicts, and overpriced stock and real estate markets creates an ideal scenario for gold.
Now that the Great Unravelling is underway, we shall increasingly see a divergence between the Second and Third World countries and the First World countries that have been connected to the Bretton Woods Choo-Choo since 1944.
The most likely scenario for 2021 is one where gold continues to offer a meaningful and necessary hedge, along with the high probability of yet another set of record-high prices.
As we move into the final quarter of this tumultuous year, gold is increasingly likely to serve as a hedge of absolute necessity…
‘Money’ is being crossed out. Not lost. Not wasted. Crossed out.
The author is aware that such words will offend the reader as absurd. True, the reader may grant that normal ‘billfold money’ does have a tiresome habit of departing too quickly. But it is certainly not dematerializing.
The Akkadian Empire is often regarded as the world’s first empire, reaching its peak between the 24th and 22nd centuries BC, some 4400 years ago.
More to Come…
An article by: Jeff Thomas.
Zimbabwe: When the Black Market Becomes the Real Market
Article by: Jeff Thomas