Gold: The never normal

Maisson Placements Canada/John Ing

cartoon of lemming going over a cliff, one has a gold parachute“Without confidence in the dollar, the world has no valid reserve currency. Gold is an alternative to the dollar. As for the pandemic, gold is a perfect hedge. It is risky either way. If the virus persists or the inevitable ‘deadly second wave’ occurs, gold will rise on the effects. If a vaccine is found, gold will rise on the hangover of the cure.”

USAGOLD note:  We’ve had the “new normal,” the “new-new normal” and the “new abnormal” (in recent weeks). Now John Ing warns of a debt-ridden future that is “never normal.”

Repost from 5-18-2020

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