Post by
geezer21 on Jan 16, 2024 4:01am
Global Fiat Currency Debasement
With debasement of fiat currencies around the world, more fiat units are required to buy more tangible goods like gold, oil, electricity, electric cars, food, transportation, and other products.
https://www.zerohedge.com/geopolitical/catch-gold-wagon-or-lose-your-fortune-von-greyerz
Since the 2020 unprecidented dollar printing during the COVID pandemic the price of gold has remained elevated allowing Calibre rake in more dollars that they are turning around to pour back into the production of appreciating gold assets. With the purchase of Marathon Calibre has taken a major step to drive more dollars into gold.
https://tradingeconomics.com/commodity/gold