Gold price reaches record high in Pakistan
derryb
Posts: 37,676 ✭✭✭✭✭
The new price broke the previous record of Rs63,600 per tola reached on October 5, 2012
"The International Monetary Fund (IMF) has projected a double-digit inflation at 14% by June 2019."
Insurance premiums are rising in Pakistan.
No Way Out: Stimulus and Money Printing Are the Only Path Left
0
Comments
If only we lived in Pakistan...
Knowledge is the enemy of fear
We've been told many times... by whom?? ..
That it's not the gold price that fluctuates, it's the fiat currency.
Liberty: Parent of Science & Industry
inflation insurance knows no boundaries, but you knew that. . . you know all.
No Way Out: Stimulus and Money Printing Are the Only Path Left
yes, gold is the stable boat in rising tides.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Even when gold is shown to do it's job it's amazing how the doubters blindly stick to their empty guns.
No Way Out: Stimulus and Money Printing Are the Only Path Left
Geez, wish it happens here !!!
"Gold price reaches record high in Pakistan"
Most likely also true in Venezuela or any other country with a high inflation rate. You forgot to mention, that most staples also followed golds lead.
The point is that money in hand or in the bank did not.
No Way Out: Stimulus and Money Printing Are the Only Path Left
No one disputes.
Liberty: Parent of Science & Industry