The analysis is not correct
a) You dont know the base of M supply and gold
b) M Supply utility is not only buying gold
So, ‘long on’ gold. It has been proved several times beyond doubt that whenever there is a global crisis and if that crisis has arrived with deluge of money supply flowing, gold prices have sky rocketed. In India, we have double benefits – one from global crisis and gold price increase and second depreciation of INR vs USD leading far higher domestic gold price giving a fantastic return during the crisis period.
Gold is a natural hedge against any crisis.
2 replies on “Golden Days Ahead”
The analysis is not correct
a) You dont know the base of M supply and gold
b) M Supply utility is not only buying gold
So, ‘long on’ gold. It has been proved several times beyond doubt that whenever there is a global crisis and if that crisis has arrived with deluge of money supply flowing, gold prices have sky rocketed. In India, we have double benefits – one from global crisis and gold price increase and second depreciation of INR vs USD leading far higher domestic gold price giving a fantastic return during the crisis period.
Gold is a natural hedge against any crisis.