StagFlation Nations || GOLD SILVER: Then & Ahead HD

28.05.2022
Win 500 Silver Eagle Coins, enter here: https://SDBullion.com/sweepstakes Get our FREE SD Bullion Guide: https://SDBullion.com/book SUBSCRIBE to Our Channel: https://www.youtube.com/c/sdbullion?sub_confirmation=1 Welcome to our stagflation nation 2020s... that means economic stagnation coupled with rising prices thanks to massive fiat currency supply expansion. Where costs increasingly rise to levels beyond where most incomes cannot keep up. Where real growth and real GDP fall thanks to fiat currency devaluations, as persistent price inflation erodes away illusory nominal price gains not crystallized into reality. Where and when do many people learn the hard differences between nominal price and real value. So, which asset classes historically perform best during structural high #Inflation, low growth environments? We’ll show you some hard data looking backward and possibly projecting forward. But first, Bridgewater’s Ray Dalio & his Chief Investment Officer Bob Prince went on various paper asset financial channels to pound the table pointing out our world’s recent #Stagflation paradigm shift. Here are edited down some highlights. Both silver and gold spot prices climbed slightly higher on the week. The #Gold spot price closed above the important $1850 oz level. While the silver spot finished its week coming into a holiday weekend above $22 per troy ounce. The gold-silver ratio fell to 83. Platinum remains close but is still struggling to get above $1,000 oz relatively at historically cheap valuations versus gold and palladium respectively. A bit of good fundamental driver news for platinum of late. The speeding up of automakers switching from more than twice expensive palladium back to platinum for industrial and environmental standards appears to be quickening as many Russian palladium bar hallmarks are being banned for sourcing in the City of London for instance. Russia provides nearly 30% of the world’s palladium bullion and is the world’s second-largest platinum ore supplier as well. The more major bullion centers ban their bullion bar hallmarks, the more pressure it will put on the system for the readily available supply. Lease rates or borrowing rates for platinum bullion have recently spiked illustrating physical platinum bullion demand at higher levels than we saw during the 2020 covid spot price crash. The 2020 covid lockdown of London and divergent lease rate spike in platinum at the time drove about a half-million ounces of platinum into the NYMEX platinum warehouse, but since then mainly Chinese interests have withdrawn over half of the inventory in the past just over two years. As China continues building its ambitious hydrogen economy and more automakers switch to platinum over palladium, this NYMEX platinum drain may continue. Today I stumbled upon this chart illustrating fine silver bullion investment demand over the last 10 years in terms of troy ounces overall. It does a nice job illustrating from which nations

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