now global economy mayhem has appear and accelerate with trader wars, central banks cutting interest rates, more money printing, that is bullish af for Gold
all fiat currencies, US dollar, China Yuan, Euro, etc, etc. they have backed nothing, and when central banks print more money for and cut interest rates, that is of course lead to inflation
if Gold break ath and go $ 2000, then its psychological sign that world economy is big troube and send gold to $ 5000, then $ 10 000
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PM’s to the moon
Why is gold such a piece of shit? It only goes up like $10 then it falls back down again. Gold should go up like $500 in one day just like crypto and then it would be attractive to buy.
do you think this debt is sustainable
it has about doubled since last 10 years
and Trump era this debt has just grown more
and it says about Gold
US dollar to Gold ratio now is $ 5943
Because the only way to move it internationally is unironically using ledgers from companies that get your gold and then you get it in another country.
If you are going to use a ledger you may as well use bitcoin and avoid gold alltogether.
And besides that there is not another way to move gold internationally as it can't be taken into flights and moving it into another country is subjeted to tarrifs like goods.
Not yet, I'm not done stacking.
Price suppression through paper trading. If you want real value, buy bullion.
yes, there is so much more paper gold contracts what there is actually psychical gold
same with silver
The Paper Silver Market is 250 Times the Size of the Physical Silver Market
tavex.fi
that means that if paper silver buyer wants physical silver, only 1 to 250 get real physical silver
>trader wars
lol
ok, that was typo, i mean trade wars