The Real Money Show takes a closer look at Jan Skoyles’ great article about gold’s performance since 2007. What other key financial developments have occurred in the last 10 years and how will it affect gold’s performance in the next few years.
Global Financial Crisis 10 Years On: Gold rises 100% from $650 to $1,300
Central banks are waving attention to their gold holdings. Germany has gained much attention this week as it has completed its gold repatriation ahead of schedule. Treasury secretary Steven Mnuchin visits Fort Knox only to tweet “glad gold is safe”. He also points out that the last time the gold was actually audited was in 1953. The bigger question is why are governments suddenly interested in demonstrating