🛑The man who made one of the biggest fortunes in Wall Street history
NOW BETTING ON GOLD💰⌛
The Billionaire Investor has put his money on the fact that the Gold price could rise up to 50x 📈
👇Why the Gold price goes parabolic👇
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💰Gold could easily pass $12,600 (Us dollars) In the coming years...
Why You Must Own Gold In Your Portfolio… From a technical perspective👇...
The fundamentals speak for themselves over 5000 years🪙
LEARN ABOUT IT
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“the Shanghai Gold Exchangeis is in advanced discussions with Hong Kong officials over its participation in an international clearing system that’s being set up by the [Chinese] government.”
Big deal! The CCP is aiming for an international monetary system in which renminbi is used for trade and gold for reserves. #dedollarization
https://t.co/Os8WzT3xtN
The Bank of Korea intends to consider increasing its #gold reserves. The bank held 104 tonnes at the end of July (latest data available), accounting for just under 3% of its total reserves.
#GOLD
It seems the chorus predicting a top in gold grows louder by the day. I find the unanimity itself to be a compelling counter indicator. Let's revisit their convictions at $4200
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“Gold is no longer just a hedge, it’s effectively the world’s reserve currency in disguise.” — Nassim Taleb
As I always say: BUY GOLD, WEAR DIAMONDS.
https://t.co/NsQ3vfohxJ
Those who think they missed out on gold are missing the point.
If a ship goes down, those who paid more for their lifeboat aren't any less happy than those who paid less.
https://t.co/Sv8Jw5HBbl
#GOLD
It seems the chorus predicting a top in gold grows louder by the day. I find the unanimity itself to be a compelling counter indicator. Let's revisit their convictions at $4200
$QQQ $SPY $DJIA $SPX $DXY $TLT $GLD $MS $GS $BAC $JPM $SCHW $WFC $BLK $BX $HD $MNST $NVDA $AMD
Goldman Sachs says gold has more in common with Manhattan real estate than oil
“You can’t pump gold — but you can bid it out of someone’s hands. Gold doesn’t get used — it changes hands and gets repriced”
“It's market clears through changes in ownership, not production-versus-use balances,” Goldman’s analysts wrote. "The gold price reflects who is more willing to hold it and who's willing to let go."
The Goldman report also identified two groups of gold buyers — “conviction buyers” like central banks, spectators and ETFs, and “opportunistic buyers,” meaning households in emerging markets.
I never predict gold prices, but its becoming evident that we may not get a correction in the near future. The world is witnessing the beginnings of a tectonic shift , the likes of which we haven’t seen in many generations. #gold
Excellent work by @Callum_Thomas:
"For example, when compared to all other ETFs, gold ETF “implied allocations“ have only just made new multi-year highs… but remain well below long-term average (and previous highs).
If there’s a bubble in gold, it isn’t on display here."