Altan Rio Minerals Limited
27/05/2021
We recently read article "Why Gold Is Moving Higher From Here" and thought the summary was well worth sharing :
> The Fed has enabled the monetary base to balloon by approximately 600% since 2008.
> While the price of gold has a close correlation with monetary base expansion, if gold had expanded by 600% since 2008, it would be at $5,600 now.
> Despite higher inflation, the Fed Funds rate and Treasury yields are likely to remain lower for longer this time.
> The current monetary, debt, inflation, interest rate dynamic is favorable for gold price.
> We discuss some of our favorite names in this space.
> This idea was discussed in more depth with members of my private investing community, Albright Investment Group
Ref. Victor DergunovMarketplace
Author of Albright Investment Group
05/05/2021
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