/biz/ - Business & Finance

>>30361696
>gold is way overvalued right now
No, it was just extremely undervalued for a long time
Just look at the Fed's balance sheet this year anon
>pic related
35%+ of all dollars have been printed this year
every central bank in the world is printing like crazy to try and get through covid crisis
What happens when the money supply increases, and the supply of gold stays the same? (when there are more dollars chasing the same asset) The price of gold goes up

>>25373264
This is what is different
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm
Interest rates is also what is different
https://www.macrotrends.net/2016/10-year-treasury-bond-rate-yield-chart
They will stay low until 2023 minimum