View full page at metalsmine.com

 

Visualizing The World's Gold & Silver Coin Production Vs. Money Creation

From zerohedge.com

Both precious metals and cash serve as safe haven assets, intended to limit losses during market turmoil. However, as Visual Capitalist's Jenna Ross notes, while modern currencies can be printed by central governments, precious metals derive value from their scarcity. In this infographic from Texas Precious Metals, we compare the value of the world’s gold and silver coin production to global money creation. Total Production Per Person, 2019 We calculated the value of global currency issuance in 2019 as well as precious metal coins minted, and divided by the global population to get total production per person. ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis