You Can’t Print Gold

Article usagold.com

Posted on June 1, 2020 by Opinion

Gold-Eagle/Frank Holmes/5-27-2020

“The 10 Percent Golden Rule is rational and prudent. The U.S. government and Federal Reserve can’t pump this much money into the financial system and not trigger rapid inflation—and potentially even hyperinflation.  There is one thing that can’t be printed, and that’s gold. In fact, we may be looking at peak gold supply right now, which should only help the precious metal retain its value as cash deteriorates.”

USAGOLD note:  We have always advocated a weighting between 10% and 30% in the private investment portfolio. How high one goes within that framework is a function of the individual investor’s level of concern. Too, we emphasize gold ownership as portfolio insurance not as a speculation for profit.

 

You can’t print gold. (June 1, 2020). USA Gold. Retrieved June 1st, 2020, from https://www.usagold.com/cpmforum/2020/06/01/you-cant-print-gold/

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