Why gold and silver prices have added $5 trillion in value - Yahoo Finance
Why gold and silver prices have added $5 trillion in value - Yahoo Finance
Source: Yahoo Finance
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DW NOTE
Gold and silver have not added $5 trillion in value — the dollar has lost purchasing power against them. The Strait of Hormuz has been effectively closed for 132 days, global oil supply is down 4.3 million barrels per day, the US deficit is running at $1.4 trillion through June alone, and inflation is still 3.53% despite rate hikes. That is $5 trillion in monetary debasement finding somewhere else to go.