Here's one of my objective measures to value #gold; it’s undervalued. Like 1974 & 1980, gold won’t be overvalued until red line crosses blue line, which is presently $10,902 (assumes #CentralBanks have in their vaults the gold they claim to own; so fair value probably higher). pic.twitter.com/1HCgJmL2ni
— James Turk (@FGMR) January 14, 2025
Fair value=(Global FX reserves/#gold tonnes in #CentralBanks). Explained inhttps://t.co/FUattbdVdo
Data points on chart show gold overvalued in 1960s, 1974 & 1980. Continue to accumulate physical gold until it again is overvalued. Then spend or invest the saved #PurchasingPower. pic.twitter.com/8Ra43MWKed— James Turk (@FGMR) January 14, 2025
Irrefutable evidence today's #monetary system is broken. Because #gold redeemability ended, gold no longer imposes essential discipline on #CentralBank ‘printing’ that funds gov’t spending. They’re causing #inflation & destroying fiat #currency #PurchasingPower. #EndTheFed pic.twitter.com/o4dwo4RcEN
— James Turk (@FGMR) January 11, 2025
Silver formed 2 false breakouts from a long-term bullish wedge formation. Next one could be legitimate one with immediate target $33 plus… pic.twitter.com/gx64leRWjD
— Rashad Hajiyev (@hajiyev_rashad) January 15, 2025