The price of an ounce of gold has risen 28% since the beginning of the year. Normally this activity is a result of investors fleeing to safety and/or a concern about inflation. However, we are also seeing equity markets
hit all-time new highs.So the question I ask is this... Is the rising price of gold a result of capital seeking a safe haven or by-product of the massive amount of new money supply?
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The price of an ounce of gold has risen 28% since the beginning of the year. Normally this activity is a result of investors fleeing to safety and/or a concern about inflation. However, we are also seeing equity markets
hit all-time new highs.So the question I ask is this... Is the rising price of gold a result of capital seeking a safe haven or by-product of the massive amount of new money supply?
As of late March, the DBRS gave Canada a AAA rating but as of June 24, Fitch has downgraded Government of Canada to AA+. We're keeping a close eye on other credit rating agencies as these results come out.
Cash Management Group Podcast
The price of an ounce of gold has risen 28% since the beginning of the year. Normally this activity is a result of investors fleeing to safety and/or a concern about inflation. However, we are also seeing equity markets
hit all-time new highs.So the question I ask is this... Is the rising price of gold a result of capital seeking a safe haven or by-product of the massive amount of new money supply?
