All Time High: Gold Goes Over & Closes Above $2,000 For First Time Ever!

• WallStForMainSt
  Jason talks about how gold closing above $2,000/oz today (8/4/2020) was long overdue! This is while the head of Goldman Sachs wealth management warned his muppet clients and other muppets to avoid having gold exposure. A Record Amount Of Physical Gold Was Just Delivered On COMEX, Here’s Why https://www.zerohedge.com/commodities…
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  Gold demand could also increase. Why? Because gold is a Giffen Good: A good where a higher price causes an increase in demand (reversing the usual law of demand). The increase in demand is due to the income effect of the higher price outweighing the substitution effect. Giffen Good Definition:
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  1) https://www.economicshelp.org/blog/11…
  2) https://corporatefinanceinstitute.com…
  3) https://en.wikipedia.org/wiki/Giffen_…
  4) https://www.investopedia.com/terms/g/…

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