The Price of Gold is Going to Be Unleashed to a New All-Time High

June 06, 2023

As the price of gold continues to consolidate, there is no question the price will be unleashed to a new all-time high.

June 5 (King World News) – This is part of a report released by Incrementum regarding the gold market: A showdown is also looming in the area of raw materials. Resource nationalism is gaining momentum. Chile, which has the world’s largest lithium reserves, announced it would nationalize SQM and Albemarle, two companies involved in lithium production. Indonesia has imposed export bans on nickel and tin so as not to jeopardize the development of domestic production of batteries. Our dear friend Alexander Stahel aptly noted recently, that the prevailing view among policymakers that supply curves are elastic has been disproved by the pandemic, the energy transition and geopolitics. This represents a massive shift in the global investment environment. Global commodity supply curves may now be nearly vertical – a recipe for medium-term stagflation.