Gold Prices Show There’s A ‘Big Short’ Going On In Official Currencies – OpEd

By Thorsten Polleit*

On August 4, 2020, the price of gold surpassed $2,000 per ounce, currently trading around an all-time high of $2,050 per ounce.

While one may say that the price of gold is on the rise, it would actually be more meaningful to say that the purchasing power of the world’s fiat currencies vis-à-vis gold...