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Gold Prices Show There's a "Big Short" Going on in Official Currencies

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Tags Financial Markets

08/22/2020Thorsten Polleit

A rising price of gold and silver in US dollars, euros, Chinese renminbi, Japanese yen, etc. means this:  the higher the price of this precious metal, the lower the exchange value of official currencies.

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Original Article: "Gold Prices Show There's a "Big Short" Going on in Official Currencies​".

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Author:

Thorsten Polleit

Dr. Thorsten Polleit is Chief Economist of Degussa and Honorary Professor at the University of Bayreuth. He also acts as an investment advisor.

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