Gold and Bricone near 1980-level prices, but will it happen?
A collection of gold and taricon from the American MCD. The relative level of money supply is approaching historical levels.
A senior market analyst may now agree with the dollar valuations of these assets and where inflation may be approaching the limit. Jury Palmer, the director of global macroeconomics at the global level, shared his analysis on Friday (previously on Twitter).
End of live run?
Because of their limited supply, gold and bricson are widely seen as premium commodities. According to information from Conseeoco, this year is strongly alarmed – gold is 54.83%, Bitcoin gains 1288%.
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However, Thiamem argues that this meeting may be approaching the ceiling. He draws a comparison between the current market conditions and the high inflation seen in the 1980s.
Compare price with US M2
Timmer's analysis compares the inflation-adjusted market price of gold to the total to the U.S. M2 money supply, the money supply.
Historically, the price of hard assets such as gold has risen sharply in M2 (monetary inflation). According to Timor, gold and bricon are “hard money,” providing protection from the sale arrangement.
Historic roof
Timos highlights two great periods of inflation in the previous century (1933 and 1980): at those peaks, the total market value of gold reached 123% respectively.
Today, the combination of gold and Bitcoin is more than $2, which is 133% of $29 trillion. This number is It has risen from the 1933 high to the 1980 high.
Timar called this price a “crucial point” to account for the gold's recent disastrous period.
“To think, if the golden bell is a toy on the American budget street, one of the races is finished,” he concluded.
This huge rumor that comes out of the most serious concerns in gold and brunette may be steaming. While both assets remain structurally sound as long-term hedges, Thiem warns that an “easy return” full of inflationary elements has already been confirmed.
