Monday , 6 December 2021

Take A Look – Gold Is Still Dirt Cheap!

One of my very favourite charts is gold in relation to the U.S. money supply and the chart below shows that gold is as cheap today as it was in 1970 at $35 or 2000 at $300.

This article by Lorimer Wilson, Managing Editor of munKNEE.com, is an edited ([ ]) and abridged (…) excerpt from an article by . of goldswitzerland.com
Gold price adjusted for money printing shows that it is ripe for gold mania.

…so gold has not yet reflected the massive growth in fiat money that the world has experienced in this century.

Related Articles From the munKNEE Vault:

1. Gold/Monetary Base Ratio Suggests A Significant Monetary Event On the Horizon (+7K Views)

You have been warned! The financial world is descending into the trap of exponentially increasing debt that leads, slowly or rapidly, toward an abyss of monetary madness that can only mean much higher gold and silver prices in the future.

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