Gold Rallies $27 As Economy Nears Brink Of ‘Destruction’

Let's just say that the events over the weekend have not lessened the probability that the global economy could be in for the shock of our lifetimes.

The gold price is up $27, while silver is back over the $70 mark, yet the markets continue to sleep through the growing probability of a serious market dislocation. Think on the scale of Lehman or COVID.

Arcadia Economics

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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce
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