Elementum is Premium Partner of the „In Gold We Trust Report“ 2024
27.5.2024
Elementum is delighted to be a premium partner of the "In Gold We Trust" report for the first time.
While the silver price rose by around 6% last Friday, impressively continuing its upward trend, this year's "In Gold We Trust" report was presented at an international press conference. This year's title is "The New Gold Playbook".
This year's "In Gold We Trust" report can be downloaded free of charge from the following link:
The almost 440-page "In Gold We Trust" report is recognized worldwide and was described by the "Wall Street Journal" as the "gold standard of all gold studies". Last year's edition was downloaded and shared around 2 million times. This makes the "In Gold We Trust" report, which is being published for the 18th time this year, one of the most internationally recognized gold studies. In addition to the German and English versions, the annual publication has also been published in Chinese and Spanish for several years.
The key messages of the "In Gold We Trust" report 2024:
- the gold price has broken out
- real interest rates in the USD are no longer the ultimate factor for the gold price
- central banks and emerging markets are increasingly influencing the gold price
- rising financing costs and the limits of debt sustainability
- Inflation remains high
- time for broader diversification
- long-term price target (2030) for gold of USD 4,800 confirmed
The silver market is highlighted on pages 330-346 and begins with a quote from Robert Kiyosaki: "I think silver is the biggest bargain on planet earth".
It is also interesting to note that silver has outperformed gold in 6 of the last 7 bull markets since 1967.
In view of the strong demand trend and the supply shortfall, the authors conclude: "In summary, the conditions for a materially higher silver price are strengthening with each year of supply deficit that goes by".
Michael Saylor is also quoted in this context: "All of my best investment ideas are things nobody can stop, everybody needs and nobody understands."
With this in mind, we at Elementum are also confident that the silver price will continue to outperform gold, as the gold-silver price ratio is still at a high level. The positive outlook and forecasts for the prices of gold and silver in particular indicate that the current gold-silver ratio will shift significantly in favour of the Elementum 7-star strategy in the future – true to the Elementum slogan "More For Sure."