Gold-Eagle/Nick Barisheff/12-27-2021

“In December 1997, The Financial Times ran an article entitled ‘The Death of Gold.’ Since then, the gold price in US dollars has increased 519I% from $288 to $1,780. Today, after many political events and crises we have evidence of the continuous and in many ways spectacular growth of the gold price. This confluence of many current events is creating a perfect storm for gold to increase dramatically more than we imagined.”

USAGOLD note: This article by Nick Barisheff caught our attention because financial press gold naysayers are out in full force once again proclaiming the death of gold, even as storm clouds gather on the horizon. Given the record demand for gold coins and bullion over the past 12-months, we suspect that the reports of its death are greatly exaggerated.

Image attribution: MichaelKirsh, CC BY-SA 4.0 <https://creativecommons.org/licenses/by-sa/4.0>, via Wikimedia Commons