Chinese demand for Gold is exploding
Gold ETF inflows in China just topped $6 BILLION — a new all-time high. Net inflows have more than doubled in the past 3 months. Asia’s appetite for gold has never been stronger. Source: Wall St Gold on X
It is hard to see gold and other store of values as a bad long-term investment with Money Supply exploding all across the world!
Source: Andrea Lisi
Gold stocks vs. S&P 500 sectors
Source: Bloomberg, Tavi Costa
An update by PlanB
Gold market cap is ~$20T Bitcoin market cap is ~$2T So, gold is worth 10x bitcoin Gold scarcity (stock-to-flow ratio) is ~60 Bitcoin scarcity is ~120 So, bitcoin is 2x scarcer than gold
It's remarkable to see silver approaching $40/oz, yet still historically undervalued relative to gold.
Source: Tavi Costa
China continues to quietly acquire gold through the London market
China bought 15 tonnes of gold in May, according to Goldman Sachs estimates, 8 TIMES more than officially reported figures. Over the past year, China's monthly purchases have oscillated between 25-60 tonnes. Source: Global Markets Investors, Goldman Sachs
Gold now outperforming the U.S. Stock Market (dividends included) over the last 25 years.
Incredible! Source: Barchart
Silver is dirt cheap relative to gold.
Source: GoldSilver HQ on X
