Debt Jubilees Good for Gold
Precious Metals Commentary (week ending 13th December 2019)
A volatile week saw gold trade to a $1,486 high before a smack down to stabilise at $1,470 with silver at $16.95. Australian prices ended up much lower at $2,129 and $24.60 thanks to a spike in the AUD to 0.69c.
This week, we dive into:
- What MMT and debt jubilees mean for gold
- Elites worried about blimp-sized black swans secretly buying gold
- Our interview with crypto newsletter Nuggets News
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.