15 Nov 2024
Current gold price pattern is similar to that seen in 2016's "sweep republican victory"...
Source. www.zerohege.com
15 Nov 2024
When the US Treasury announces that it will back the Global Reserve Currency with bitcoin 🔥
Bitcoin $BTC relative to gold $XAU has broken out brutally.
12 Nov 2024
YTD
Bitcoin +106% Gold +27% Source: Mike Zaccardi, CFA, CMT, MBA
8 Nov 2024
Bitcoin priced in Gold is still 23% away from the all-time high.
FOMO starts at $90K 🤑 Source: Bitcoin Archive
4 Nov 2024
Gold's best year since 1979!
There have been only four times in history where gold has delivered stronger returns: 1979: +126.5% 1973: +73% 1974: +66.1% 1972: +48.8% Source: GoldSilver
4 Nov 2024
Last 3 years:
Gold +52% $QQQ +28% Source: Mike Zaccardi, CFA, CMT, MBA
1 Nov 2024
Why is it happening?
With Interest Expense soaring and US debt/GDP at 125% & rising, the only way the US can keep USTs nominally money good are via negative real rates. hence the gold outperformance. Source: Bloomberg, Luke Gromen
31 Oct 2024
Central bank of India moves another 102 tonnes from London to its own vaults. It’s a trend.
Source: Times of India
