Loading ...For anyone with half a brain, and yes I do qualify, it would seem that Gold and Silver are so undervalued as to be ludicrous. Ran across this article that explains it very well so will just let the fella do the talking.
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Simply put, investors in those countries ( talking about countries with REAL Neg Interest rates )who have parked their savings in cash and low-yielding investments, such as Treasury bills and money market accounts in the U.S., are actually losing money due to inflation.
That can be tough for any investor, but when you’re the central bank of a country with millions of dollars in reserves, it can be catastrophic. This is why central banks around the globe have sought protection by diversifying their foreign-exchange reserves into gold bullion this year.”
Article is a little dated, but if anything the money supply and neg rates have only gotten much worse. Got Gold?
Gold vs. M2: You Can’t Print Gold
http://www.econmatters.com/2011/12/gold-vs-m2-you-cant-print-gold.html