The basket is made up of over 27 equally weighted currencies, and the gold price is doing well, except for the US dollar…
Jason talks about former hedge fund manager, global macro investor and newsletter writer and Co-Founder of Real Vision TV, Raoul Pal’s chart of the gold price versus the GMI currency basket. The GMI currency basket is made up of over 27 equally weighted currencies and the gold price is doing very well and is in clear bull market in those currencies, except for the US Dollar.
Look up the gold price in 160 different currencies here: https://goldprice.org/
Jason also talks about gold and silver paper price manipulation, how it is well documented starting with the London Gold Pool of the 1960s https://en.wikipedia.org/wiki/London_… and how the Gold Anti-Trust Action Committee (GATA) http://www.gata.org/
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