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Imagine what the price of gold or silver would be if just 5% of the world’s investment income went into precious metals

21-8-2019 < SGT Report 22 187 words
 

by Kenneth Schortgen, Shotgun Economics:


On Aug. 19, long time money manager Mark Mobius spoke with Bloomberg Business and doubled down on a previous statement that the investment public should not only get into physical gold, but also that it should encompass 10% of their investment portfolios.


Yet gold is not the only precious metal that serves as a monetary safe haven to protect oneself from devaluing fiat currencies.  And looking back at an infograph made by the Visual Capitalist back in 2017, we have to beg the question… how much would both gold and silver be priced at if just 5% (vs. even 10%) of the world’s investment income was dedicated towards these metals.


(Note. according to {Peter Schiff, just 1% of all investment income is currently dedicated towards gold and silver, with the majority of it being in the form of paper derivatives.)


All of the World's Money and Markets in One Visualization (2017 Update)


Read More @ ShotgunEconomics.com





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