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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.07-0.1%Nov 6 4:00 PM EST

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To: TobagoJack who wrote (156281)4/10/2020 8:53:40 AM
From: carranza25 Recommendations  Read Replies (3) of 217561
 
Pierre Lassonde, founder of FNV and a man I consider to be as astute as anyone on the planet, on gold and the virus’s effects on the economy.

I’m not sure I agree with his 1-to-1 Dow/gold ratio because he formulated it before the tech revolution affected the Dow in ways that gold cannot. And he’s entitled to talk his book to some degree, lol. Nonetheless, I think he’s right about gold going much higher. Notably, he does not believe that we’re out of the woods yet.

Very much worth seeing.

youtube.com
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