A tiny fraction
derryb
Posts: 36,793 ✭✭✭✭✭
chart gives you an idea of just how small a role gold plays in the big picture. More importantly, it's declining roll since 1968 is a good indicator of the amount of "assets," or derivatives, that were created from nothing since then. Note how gold bottomed in early 2000s and is slowly reclaiming it's position as the assets created from nothing return to nothing.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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