$GLD SG$ (GSD.SG)$
Revaluing gold refers to adjusting the official price of gold, usually by a government or central bank, to reflect changes in economic conditions, inflation, or monetary policy. It is often done in response to currency devaluation, financial crises, or shifts in global reserves.
1. How Gold Revaluation Works
• Historically, gold was pegged to currencies (e.g., under the gold standard).
• Governments would increase or decrease the fixed price of gold to...
Revaluing gold refers to adjusting the official price of gold, usually by a government or central bank, to reflect changes in economic conditions, inflation, or monetary policy. It is often done in response to currency devaluation, financial crises, or shifts in global reserves.
1. How Gold Revaluation Works
• Historically, gold was pegged to currencies (e.g., under the gold standard).
• Governments would increase or decrease the fixed price of gold to...
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$GLD SG$ (GSD.SG)$
The highest real (inflation-adjusted) gold price was in January 1980, when gold hit $850 per ounce.
Adjusted for 2024 inflation (based on CPI), this would be around $3,200 - $3,500 in today’s dollars.
Now just started….
The highest real (inflation-adjusted) gold price was in January 1980, when gold hit $850 per ounce.
Adjusted for 2024 inflation (based on CPI), this would be around $3,200 - $3,500 in today’s dollars.
Now just started….
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$GLD SG$ (GSD.SG)$ once CPI result out on next week, Gold for sure break new high!
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$MAPLELEAF EDU (01317.HK)$ now is super undervalue!
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$China Maple Leaf Educational Systems (40564.HK)$ very attractive undervalue stock!
Don't miss the chance!
Don't miss the chance!
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