As Eastern central banks stockpile gold and the West struggles with fiscal issues, Powell predicts gold will become the "once and future money" in a new global monetary system.
In March and April of this year, the once-quiet gold market came alive, breaking through its three-year resistance zone of $2,000 to $2,100 and soaring by $400 in just a few weeks.
Members of the woke left want to return to policies based on this primitive economic thinking. One of their major errors is thinking that the world is zero-sum.
For the fourth straight month, gold-backed ETFs increased their net gold holdings. Funds in every region reported net inflows of gold with Western funds leading the way.