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MasterMetals Profile picture
MasterMetals
@MasterMetals
#Metals & #MiningStocks News & Analysis. #Gold, #Silver, #Copper, #Lithium, #Uranium and pretty much all the #Commodities from #Aluminum to #Zinc.
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Oct 15, 2020 • 4 tweets • 3 min read
The Case for #Gold. It’s Simply Math, says John Hathaway of Sprott

Great piece from John Hathaway of Sprott 

Gold, The Simple Math

The current pullback in the precious metals sector is a buying opportunity. Since trading at a closing high of $2,064 an… bit.ly/3dweUJz In simple mathematical terms, the #gold market could not clear at current prices if 1% of the $100TRILLION or so of institutional assets under management #AUM were to move into the physical metal. Record YTD inflows into gold-backed #ETFs have exceeded any previous year 1/…