Saturday, August 17, 2024

GOLD Closes at Historical High

It's not too often we get to witness an asset that has been around for centuries, closing at an all-time high over $2500 per ounce. Gold has become a storage of wealth as the US debt continues to increase, and has historically acted as a source of value, during economic uncertainty and inflation. A weekly chart of gold, thank you for reading.                                    


If inclined to learn more about inflation and currency depreciation, this book below is a short read written in 1912 about excess currency printing in France 1790, and how it destroyed the nation.  Fiat Money Inflation in France.

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