Bloomberg/TicTocVideo
“Gold is one of the oldest means of exchange in the history of civilization and many governments around the world maintain large reserves. However, in modern economies the U.S. dollar acts as the global reserve currency and the dollar is the benchmark pricing mechanism for gold. This creates a special relationship between the previous metal and the currency.”
USAGOLD note: What’s driving gold “not going away anytime soon. . . .”
Repost from 9-8-2019
