If you are worried about what's going on in the Gold and Silver markets, listen to the clear explanation below.
The moves at this stage are irrelevant. What's important is that the markets are breaking down and consequently are not able to reprice the precious metals in order to respond to the rush towards real, actual assets.
As paper assets revert to their intrinsic value of zero (as they have always done historically), the price of real assets are exploding in nominal terms. The more tensions, instabilities and conflicts around, the faster the pace.
This is history happening, not markets misbehaving.
No comments:
Post a Comment