Gold: True Barometer !
Gold: True Barometer !By Author: Julia Robinson, 2022
Today, US citizens face a pile of delinquent liabilities. At the wheel is a new Fed chief, Ben Bernanke, who has been nicknamed' Helicopter Ben' based totally on admitting he'd print enough paper currency and drop it from choppers to keep the U.S.
Economy from sliding into a recession.
The WSJ lately outlined a brilliant commentary,'In Gold We Trust,' by David Ranson and Penny Russell of H.C. Wainwright & Corp . Economics. They reveal why gold costs are the truest barometer of falling public confidence and of growing inflation. Here are some key points they bring to light : * Gold is the baseline for the value of the $ - not the other way around. * The falling U.S. Greenback is essentially being ignored by Washington and the Street. * Gold is the barometer of public confidence in paper money.
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