Ann: Firefinch Celebrates First Gold Pour, page-297

It's pretty simple really, the price of gold always takes account of all new currency printed/created, it has done so since currency was first created and will continue to do so no matter what the central banks try to do to prevent it. It does not happen overnight but history has taught us that it will happen.

Biden getting control of both houses means that all restraints are gone and the democrats can go 'nuts' filling their pre election promises and spend with abandonment. They haven't even taken office yet are they are preparing to send out another cheque to the American people to top up the recent payment up to $2000 , that will be another $340 Billion created out of thin air. Biden can now go after his "green new deal" which involves sending the printing presses into overdrive. They are talking about adding another 6 to 8 TRILLION DOLLARS to their balance sheet. America is quickly becoming a socialist state, at least for the next 2 years anyway until the next senate elections are held. Taxing the rich is just not going to come anyway near raising the required funds, it is more a tokenistic gesture than anything else.

A gold price in the region of $2500/$3500 will not be a stretch once the printing presses start.

Regards
FINN