I see some people saying, “it’s not gold going up, it’s the dollar going down” and things like that.
That’s not really the case, and there’s a simple test to see why.
When a currency cra...
The dollar is stronger than it was for much of the last 50 years (apart from a big spike a few decades ago when the dollar was very strong). Gold and other PMs are going through a speculative mania like they have every couple of decades and some trading it make a lot of money. I predict it will burst again, just like it did the last time.
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