Gold, with its enduring value, has consistently stepped in to play a crucial role in these currency resets, providing stability and continuity during times of financial upheaval.
The Speaker of the House of Representatives should protect the people’s right to use alternative currencies such as precious metals and cryptocurrency.
We have: wars that could go global, the big bond bust, inflation rising, and a bank bust coming due to commercial real estate. We’re running out of places to run.
There is no reason to expect geopolitical issues to have any measurable or lasting effect on the gold price unless the U.S. dollar is affected negatively.
We have to take complex geopolitics into consideration when attempting to determine the outlook for Precious Metals’ prices, as well as other commodities, in particular oil and gas.
Even though major gold miners are high-grading their reserves, mining all the best gold and leaving the rest, they still didn’t manage to satisfy global demand for the precious metal.
Gold shan’t become moon-bound until the current All-Time High (2089) is eclipsed; thus it remains for now range-bound. As of Friday, Gold's price rose +10.7% in 16 trading days.
