U.S. Stock Market Capitalization vs GDP Hits Record 200%. What it Means for Gold
By GCRU Gold News on Monday, February 15 2021, 00:15 - Permalink
However, according to my analysis, fiat money is strongly overvalued. As, fiat is the air for the present financial bubbles—fiat facilitates the excessive leverage in the economy. When the bubbles eventually burst, fiat’s value will be corrected (inflation goes up), and the gold price denominated in fiat rises.