What’s the alternative? Going back to the $, where the regime commits war crimes on a daily basis?
Not mentioned, gold is the second largest central bank reserve asset, overtaking the € and behind the $.
Gold going up devalues every other asset. We are in a US AI bubble and housing deflation. Non-Western central banks are well behind the % devoted to gold as a reserve. I can see gold going down when the AI bubble pops.
One alternative might be silver and the silver miners. Silver has a lot of catching up to do to gold and can be even more profitable if you get in now.
Retail buyers are nothing compared to the passive bid, which in reality is retail buyers.
Thanks for this article. Where can one monitor the "dealer premiums" that herald retail involvement?
Written by AI? SAY NO TO AI SLOP!
What’s the alternative? Going back to the $, where the regime commits war crimes on a daily basis?
Not mentioned, gold is the second largest central bank reserve asset, overtaking the € and behind the $.
Gold going up devalues every other asset. We are in a US AI bubble and housing deflation. Non-Western central banks are well behind the % devoted to gold as a reserve. I can see gold going down when the AI bubble pops.
One alternative might be silver and the silver miners. Silver has a lot of catching up to do to gold and can be even more profitable if you get in now.
Agree, both have scope to go up. Silver is in short supply on commodity exchanges.