This week's roundtable could gold get to $27,000? What to look for in a precious metals bull run
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- Опубліковано 21 тра 2024
- Join me this week at the weekly roundtable with this weeks guests:
Shae Russell, Executive Producer, Mining.com.au
Richard Morrow, Lowell Resources Fund
Chris Byrne, Managing Director, Legacy Minerals (ASX:LGM)
If the currency were pegged to a fixed quantity of gold, how could a government and its reserve bank continue to manipulate the money supply easily, even if the gold mines were nationalized and operated hard? How then could a government (other than the US government seemingly) continue to run a budget deficit year after year? I'm doubtful about talk of a country's return to a gold standard because it seems to imply that the country's gvt is willing to surrender much of its financial flexibility and to commence balancing its budget - and such a gvt would be a rare thing.
Love it.
Not 2050. Easily this decade