Gold prices hit record high. What is fueling the surge?
11,901
Published 2024-04-16
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All Comments (21)
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Inflation is fueling gold. Not political unrest. It’s inflation.
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Since the US gov is printing 1 trillion every 100 days. Once it becomes every month we are officially in hyperinflation. Why do you think wars are ramping up?
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Inflation and shrinking value of the dollar.
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gold is still undervalue it should be at 20 000$
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That Trump comment was not necessary!
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I thought everyone had some gold bullion, till I started talking to people and no one even knows anything about gold.
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1:36 this box alone is worth about $1.4M.
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But I thought inflation was TRANSITORY?...
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My prediction is Gold spot price will reach $3000 by end of year . Globally , gold is the best store of value in terms of exchange . No fiat can match it . Thousands of years , GOLD! Just my opinion
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notice how he said if Trump gets elected people will buy gold
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Inflation ain't going back down and it never will. People understand this
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it is global de-dollarization trend...
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CenBank shopping spree 🎉
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Inflation is fueling gold nothing else and Government spending is fueling Inflation nothing else!Government should be half its size!
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Experts been talking 5k gold for a while. Regardless its save to say that with current inflation it does hurt to have a little of everything. Silver, gold, BTC.
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NEM is undervalued still...get while you can..buy GLD and or DGP for ETF
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Gold prices will continue to rise , IMO. It’s no secret the National debt is increasing by $1 Trillion every 100 days on avg . Fiat currency is failing on the global exchange, regardless of what the propped up indexes say . Nobody is buying at our U.S. bond auctions .. Powell will go down in history as the greatest failure , globally , overseeing the fall of what was expected to be a permanent mode of payment /value , IMO.
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Gold has the public’s eye and momentum. It is about time.
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What does credit buy for those who have complete control over its system? Ethics? Morals? Nah… A world under totalitarian rule is one characterized by absolute control and authority exercised by a single governing entity or regime. In such a world, individual freedoms and liberties are severely restricted, and dissent is often met with harsh punishment. Totalitarian regimes typically seek to maintain power through propaganda, censorship, surveillance, and the suppression of opposition. Citizens are often subjected to constant surveillance, with their every move monitored and scrutinized by the state. Any deviation from the prescribed ideology or behavior is swiftly punished, sometimes through imprisonment, torture, or even execution. In a totalitarian world, the government controls all aspects of public and private life, including the economy, education, media, and religion. Cultural expression is tightly regulated, and dissenting voices are silenced. The ruling elite wield unchecked power, while the general population lives in fear and obedience. Totalitarianism can lead to a society characterized by uniformity, conformity, and a lack of individual autonomy. Innovation and creativity are stifled, as the regime seeks to maintain strict control over every aspect of society. Ultimately, life under totalitarian rule is marked by oppression, fear, and the constant struggle for survival in a world where freedom and individuality are suppressed. How does gold solve this?
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Platinum! The precious metals play that no one is thinking about?