Oct. 18 at 4:30 PM
$GDXJ $GDX $GDL $SLV $AEM Once again, a gentle reminder that the recent gold price appreciation has exceeded money supply growth significantly in the past year.
The argument how gold will always go up due to money printing, is only correct to an extent. If gold price appreciates much faster than the money supply, corrections are inevitable.
We are in for a replay of 2011 scenario on gold and silver.
This is not an opinion, it's a fact.
https://x.com/silberschmelzer/status/1979232420785266849