because of Trump, same a with bitcoinlavel said:
Gold is still going up strong today, may be the highest price ever now.
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Gold lost 4% p/a against currency debasement from 2013-2021.
its playing catch up to fiat debasementEliasIT said:
The price has increased by approximately €100 per ounce over the past 5 days. Does anyone know why?
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that may be the answer to your questions. The media is full of articles how banks and governments buying gold in large amounts at the moment.
maybe it has something to do with the fact that gold has not much to offer in the world where bitcoin is endorsed by the US administration (even if it's just a promise)
how will you move with your gold?Houdini said:
The gold price dropped as quickly as it rose, falling by almost 200 euros per ounce within a week. Now, it's on the way up again while crypto is starting to stagnate and even decline for some coins.
One thing is certain: the gold price is more stable than most assets. And if Russia starts a war in Europe involving Western countries, it's crucial to have enough gold in reserve, if we survive.
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