Tuesday, April 14, 2020

Gold hits $1700 an ounce

The price of gold hit $1700 an ounce yesterday (April 13, 2020).  It is currently (4/14) about $1725/ounce.

It hit $1600 an ounce on February 18, although it briefly dipped back below $1500 an ounce from March 16 to 20.  (Did something happen in that timeframe?  Yea a stock market crash.  The Dow dropped 2997 points on March 16).

It hit $1500 an ounce on on 8/7/19, and $1400 an ounce on 7/5/19.

I expect it to hit $1800 an ounce in a few weeks and will announce the occasion, if I remember.  Hyperinflation is here my friends.  The goldbugs are finally right.

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