Is Abandonment of Mark-to-Market Bullish for Gold?

When people don’t trust their government, gold prices rises.

Similarly, lack of trust in the stability of the financial system leads to increased “save haven” gold buying.

The abandonment of mark-to-market, which will undermine the credibility of the financial system and the governments which [fail to] regulate them, may therefore be bullish for gold in the years ahead.

Note: I am not an investment advisor and this should not be taken as investment advice.

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