Tag: valueofmoney
-
A short update on Gold
In February 2024, the last time I wrote a post making a plea for increased gold prices, the yellow metal traded at around $2,000/oz. In March 17th of this year, this spot price rose above $3,000/oz, an all time high even compared to the inflation-adjusted price reached $2,646/oz. Physical Gold Demand supply-demand balance in 2024…
-
Is Japan at the doorstep of a currency crisis ?
Over the past few months, the acceleration of Yen’s weakening vs the US dollar has pushed several economists and investors to claim Japan was engaged in a currency crisis. As a reminder, a currency crisis occurs when a country’s currency exchange rate vs all other major currencies declines rapidly and out of any control. It…
-
Has the time come to buy physical gold?
On December 2023 1st, the price of physical gold set a new record by increasing to $2,150 an ounce (35grams). Over the past two years, gold has repeatedly broken its past records, meanwhile the US Federal Reserve’s federal funds effective rate was raised from nearly 0% to 5.33% between November 2021 and November 2023. Despite…