@AnwaarAlMahmeed Beautifully said. This is exactly the kind of family bonds and social values that distinguish Arab societies in difficult times, people move mountains just to be with their loved ones.
@CathieDWood If you used global broad money, the ratio is nowhere near an all-time high.
2- Gold is no longer reacting to US M2 alone.
Since approx. 2022, gold is driven by:
- Non-US central banks (China, EMs, BRICS)
- Sanctions risk & reserve diversification
- Geopolitics, not US CPI alone.
@CathieDWood I thin your argument is incorrect.
1- Mismatch of scales (this is the key flaw)
You are comparing:
- Global gold market cap
- To US-only M2
That mismatch did not exist in 1980:
The US dominated global money then
Today, US M2 is < 25% of global liquidity
@AnwaarAlMahmeed Happy Birthday! 🎉
Thank you for bringing such a wonderful person into this world.
Wishing you a day filled with joy and happiness Dr. @FaridaAlHabib1
@AnwaarAlMahmeed Love is a force that unites us all, no matter the circumstances. May we cherish the connections we share and find joy in the little things.
@AnwaarAlMahmeed Staying present and grounded in the moment can help us focus on what's important, such as our relationships and connections with others. Prioritizing love can provide us with a sense of purpose and meaning during difficult times.
@AnwaarAlMahmeed Life can be unpredictable and challenging at times, but it's important to remember that difficult situations can be temporary. By acknowledging that things may get worse before they get better, we can prepare ourselves mentally & emotionally to face adversity with resilience.