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[ZEROHEDGE] Visualizing The World’s Gold & Silver Coin Production Vs. Money Creation

Zero Hedge

Visualizing The World’s Gold & Silver Coin Production Vs. Money Creation

Tyler Durden

Sat, 10/17/2020 – 22:00

Both precious metals and cash serve as safe haven assets, intended to limit losses during market turmoil. However, as Visual Capitalist’s Jenna Ross notes, while modern currencies can be printed by central governments, precious metals derive value from their scarcity.

In this infographic from Texas Precious Metals, we compare the value of the world’s gold and silver coin production to global money creation.

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