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Is new gold standard or revaluation incoming?
In an interview held in November 2023, Mr. Aerdt Houben – Director of Financial Markets Division of Dutch central bank (DNB) shared some interesting remarks on how DNB equalized its gold reserves, relative at a rate to Dutch GDP, to other countries of Eurozone and outside of Europe. According to his statement, official gold reserves can be used as foundations for new gold standard. Considering occasion, we’d like then to present two interesting approaches on theoretical gold revaluation.
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Ladies and Gentlemen, we got it! - All time high on gold
First quarter of 2024 brought long awaited and expected price breakout on gold, which is on nearly 2200 USD now. Levels which just few year ago would make sceptics to smile ironically. However, great gold price run may seem to be just starting, as economics and financials did build for us, ‘perfect’ combination of factors, which seems to fuel further positive price action.
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We just run out of gold! What next?!? - part 1
What if gold has run out on Earth? No more gold. Es gibt kein gold. No existe el oro. Zołota niet. Złota nie ma - wyszło. In our search for yellow metal, we’re going to travel in time, reach where mankind barely reached so far, discover fascinating world of microorganisms and try to make modern philosophical stone. We’ll step down below Earth’s crust, touch the ocean bottom and look in the stars. So join us in an adventure in search for not-so obvious and hidden gold.
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