Two words that will send gold higher: Debt monetization
USAGOLD note: ForexLive’s Adam Button explains the dangers of monetizing government debt. What was previously believed to be “mind-blowing” is the course of action the Fed has taken. The bursting of the dam, says Button, makes “the sky the absolute” limit for gold.
|Update 4/7/20: We continue to monitor the pricing discrepancies between New York Comex and FOREX spot price, which vary day to day. As of this posting, the spot price in the menu bar above reflects the price at which we can hedge and therefore the price upon which we base pricing for our coin and bullion products. OOD is now open again for orders. We are also taking orders by telephone. FOREX spot pricing is posted in our sidebar and on the Live Gold Price Today page.|
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