Commodity Trade Mantra

Posts Tagged ‘Benefits of Gold’

Issues that drove Gold Prices to all-time highs in 2011 Have Only Worsened

In 2011 there was an entire narrative around the gold market, when gold was at $1,900 & it was partly about US markets. The narrative in 2011 was that U.S. Federal Government on-balance sheet liabilities, at $16 trillion & the off-balance sheet liabilities of $55 trillion were unsustainable. Today, they are estimated at $19 trillion & $90 trillion respectively. Worsened enough?

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