Gold at $184K? Vaneck Says It’s a Jolly Good Show! 🤑

by

What ho, old chap! Vaneck, those clever coves, have been tinkering with their abacuses and come up with a corker of a number. Apparently, if gold were to don the top hat and tails of the global reserve asset, it’d be priced at a staggering $184,211 per ounce. Toodle pip, greenbacks! 🧐✨

Vaneck Declares Gold Worth $184K if It Becomes the Bee’s Knees of ‘Broad Money’

With gold recently breaking records faster than Jeeves breaks in a new pair of spats, what with geopolitical kerfuffles and whatnot, investors are all aquiver to suss out the real ceiling on the old yellow metal’s upside. 🌍💼

Vaneck, those financial wizards with a cool $181 billion in their back pockets, have been crunching the numbers to suss out the “real price of gold.” That’s the price, you see, if it were to step into the ring as the global reserve champ, giving the U.S. dollar the old heave-ho. 🥊💸

The chaps at Vaneck got their quills out just as central banks have been hoarding gold like it’s going out of fashion. And with whispers about the dollar’s longevity as the top dog currency, well, it’s enough to make one’s monocle pop. 🤔📰

Vaneck’s Gold Analysis Chart

To arrive at this “reserve price,” Vaneck divided money liabilities by gold reserves, using two rather spiffing benchmarks. The first, a bit of a lightweight, includes only central bank reserves and physical dosh-what they call “base money.” The second, a proper heavyweight, tosses in savings deposits and money market funds, dubbed “broad money.” 🧮📊

Using the base money benchmark, gold would need to trade at a not-too-shabby $39,210 per ounce. But if it were to become the full Monty of broad money, well, hold onto your top hats, because it’d be $184,211 per ounce. Blimey! 😲💰

“These figures, old sport, are what’s needed to ‘cover’ the outstanding money liabilities if gold were to reclaim its throne,” Vaneck chirped. Quite the mouthful, eh? 🗣️👑

Now, levered countries like Blighty and Japan would be in a bit of a pickle in this reset scenario, with implied gold prices of over $420K and $300K, respectively. All that money printing and not enough gold to show for it. Tsk tsk. 😬🖨️

On the flip side, chaps like Russia and Kazakhstan would be sitting pretty, thanks to their hefty gold reserves. Top marks to them! 🏆🇷🇺🇰🇿

Though Vaneck’s brain trust doesn’t fancy the dollar losing its crown anytime soon, they do see a future where it shares the limelight with gold and the bonds of fiscally disciplined emerging markets. A right old ménage à trois, if you ask me. 👑🤝

FAQ

  • What’s sending gold prices through the roof? Geopolitical shenanigans and central banks scooping up gold like it’s going out of fashion. 🌍💼
  • What’s Vaneck’s take on gold’s “real price”? Under a global reserve standard, gold could fetch between $39,210 and $184,211 per ounce, depending on the benchmark. Quite the range, eh? 🧮💰
  • How do levered countries affect gold’s price in a reset? The UK and Japan would see gold prices skyrocket to $420K and $300K, respectively, thanks to their money-printing antics. 😱🖨️
  • Will the dollar keep its top dog status? Vaneck reckons it’ll share the throne with gold and some emerging market bonds. A right royal sharing, if you ask me. 👑🤝

Read More

2026-01-13 12:08