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....
Gold's Natural Scarcity Propels Its Valuation Growth