OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

FYI

Posted by Richard640 @ 18:12 on September 25, 2019  

*Dennis Gartman…

Given the economic weakness developing in Europe, the monetary AND the fiscal authorities have no choice but to err expansionarily. It is that or face an angry electorate since the introduction of the EUR two decades ago, the gold price in EUR terms has risen just over 350% or on average a bit more than 7.5%/year. Since May of ’18, gold in US$ terms has risen from approximately $1310oz then to $1530 or 16.8% while gold in EUR terms has risen from €1050/oz then to approximately €1390 or 32.3%.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.