Aug 24

A Gold Standard “Comes After War, Not Before” Macquarie Warns “The Private Sector Will Never Recover”:

…the only way gold loses is if normal business and private sector cycles come back. If that is the case, gold goes back $100 per ounce. The other outcomes: deflation, stagflation, hyperinflation are all good for gold. As for a return to a gold standard, Shvets has more bad news: “Gold standards come back after the war, not before the war.”

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