Elena Nikulina

Money supply grows at fastest rate in 5 years, Otavio (Tavi) Costa notes

Money supply grows at fastest rate in 5 years, Otavio (Tavi) Costa notes
Money supply reaches 5-year high pace

Otavio (Tavi) Costa, portfolio manager at Crescat Capital, observes that money supply is currently growing at its fastest pace in 5 years.

This development points to significant expansion in monetary policy conditions.

Costa has previously highlighted that gold miners are trading at historic discounts to the S&P 500 despite solid fundamentals. He has also noted that gold miners are approaching support levels last visited nearly four decades ago. These observations come as Costa assesses shifts in money supply growth and sector valuations.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.