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February 19, 2020 | Gold at Record High in Euros, Watch the Yen!
Mike 'Mish' Shedlock
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Gold Priced in Yen
One Hell of a Ride
That’s one hell of a ride. If you bought gold in Yen in 1980 you are still underwater.
Wow.
Where to in US$?
Gold is roughly $300 away from a record high in US dollars.
I expect it to top that easily within a couple of years and by the end of 2020 would not surprise me in the least.
Fed monetary printing and US deficits are out of hand.
Mike “Mish” Shedlock
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Mike 'Mish' Shedlock February 19th, 2020
Posted In: Mish Talk