37+ Gold Stock To Flow Gif
37+ Gold Stock To Flow
Gif. I first came across the concept in 2009 at a lecture by professor antal e. It essentially shows how much supply enters the market each year for a given resource relative to the.
It tells us how many years are required, at the current production rate, in order to produce what's in the current stock. We can calculate the stock to flow ratio using these two metrics. But what does it actually mean?
Bitcoin will exceed gold's stock to flow ratio in several years, making it the hardest money ever used.
Gold price upside means ebitda margin expansion and free cash flow growth. Gold has the highest stock to flow ratio of all commodities and as a result it should never normally remain in backwardation as there is no shortage of gold. We can calculate the stock to flow ratio using these two metrics. The next halving is set to take place sometime around may 2020 and.
Komentar
Posting Komentar