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home / news releases / gold s natural scarcity propels its valuation growth


GLDI - Gold's Natural Scarcity Propels Its Valuation Growth

2024-06-24 15:50:00 ET

Summary

  • While the dollar loses its worth, the value of gold is skyrocketing due to a critical distinguishing factor: natural scarcity.
  • The natural scarcity of the mineral insulates it from the depreciation caused by the Fed's money-supply increase.
  • The combination of increasing demand and declining discoveries of new deposits points to a future where gold’s natural scarcity will drive its value.

By Schiffgold

The U.S. abandoned the gold standard in 1933. But ninety-one years later, in the midst of an inflation crisis, investors are flocking back to the original....

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Gold's Natural Scarcity Propels Its Valuation Growth
Stock Information

Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ

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