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Gold and Silver Still Cheap Despite Record Highs
Gold has soared by around 129% and silver by around 187% in the past three years alone, yet analysts at Sound Money Report believe both metals have plenty of room to run higher. When measured against the long arc of fiat expansion, gold’s true value is far beyond the spot price. Monetary benchmarks, such as the surging national debt, the ballooning M2 money supply, and the broad US monetary base, indicate the yellow metal is worth vastly more than its current trading price. Even as gold climbs to record highs and silver rams through long-held price ceilings, the bull market may be far from over. In September of ... (full story)
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