The Mathematical Case for Gold

Precious Metals Commentary (week ending 6th December 2019)

Another range bound week. Despite US gold trading higher to $1,475 and silver flat at under $17, a rise in the AUD on a RBA rate hold saw local prices finishing much the same at $2,163 and $24.95 respectively.

This week, we consider:

• Benevolent central bankers suffering from GIGO
• Technocrats deflating our inflation rates
• Causes of declining standards of living
• “Biggest backflip now that I’m no longer working for The Man” award
• Outrageous prediction of an Asian Drawing Right backed by gold
• How mathematical financial disaster probabilities justify holding gold

Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.