not significant.. back then it was EUROPE/ US buying due to grexit the euro almost disappeared..... but soon after China started buying more aggressively.. they observed it all
great job explaining mercantilism, Vince, but what an old fashioned complicated and cumbersome system it is going to be. I was too young to care in the early seventies but we are probbaly going back to similarly high prices, high interest rates, supply bottlenecks and fewer choices of goods available. Do you see that sort of outcome?
Awesome... I love the Market Run down👍🏻👍🏻
“All that’s missing is Vanna White” !!
Vince, how significant was buying by today’s BRICS countries during the gold bull that peaked 2011, and was it a “secret" then?
not significant.. back then it was EUROPE/ US buying due to grexit the euro almost disappeared..... but soon after China started buying more aggressively.. they observed it all
great job explaining mercantilism, Vince, but what an old fashioned complicated and cumbersome system it is going to be. I was too young to care in the early seventies but we are probbaly going back to similarly high prices, high interest rates, supply bottlenecks and fewer choices of goods available. Do you see that sort of outcome?
THE WORST.. i agree
Mercantilism! Join the club, we got jackets!