Fund Manager, Author of "In Gold we Trust report" &
"Austrian School for Investors", Proud father of 3.
Suffering fan of Rapid Wien. Tweets * investment advice
.@MarkValek hands you the picture: gold, a buoy on a money supply that only floats one way.
The chart finishes the thought. The buoy has climbed past the tide that carries it. Gold up about 120 times since 1971, US M2 about 34.
Central banks are sending their strongest gold signal on record. A record 45% plan to buy more over the next year. Only 1% expect to hold less. And 74% expect the dollar's share of reserves to keep falling.
Those are the findings of the @GOLDCOUNCIL's survey, published today.
Western funds sold gold into this spring's correction. The official sector used it to keep accumulating, and says it is not done.
“The best index to a person's character is how he treats people who can't do him any good, and how he treats people who can't fight back.”
Abigail Van Buren
Singapore plans to launch a gold-clearing system this year, with banks including JPMorgan and Deutsche Bank set to participate in the city-state’s push to become a hub in the global bullion market bloomberg.com/news/articles/…
The cleanest signal a director can send isn't a press release, it's skin in the game.
Topped up my @TudorGold (TSXV: TUD / $TUD.V) position to 1,000,000 shares last week, open market, direct ownership.
Still very, very bullish on the future of Treaty Creek.🥇 DYOR.