The Crash Of 2020: The Precious Metal Inflation Trade - News Summed Up

The Crash Of 2020: The Precious Metal Inflation Trade


gettyI’ve been writing hysterically about gold and bitcoin and ether and how they are going to go to the moon. As such, the obvious places are havens and they are precious metals and bitcoin. As we have a large drop in activity in general, an industrial metal like platinum is going to lag. But it’s a precious metal with lots of precious metal inflation hedge allure baked in. Yearly gold production 3,000 tonnes, silver production 21,000 tonnes, platinum 200 tonnes.


Source: Forbes July 28, 2020 14:37 UTC



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