Gold
🛡️ Gold prices surge during crises like COVID-19 and geopolitical tensions due to its safe-haven status.
💰 Central banks, especially in Russia, China, and India, are accumulating gold, driving up demand.
📈 Despite recent corrections due to a stronger dollar, gold had one of its best years in the 21st century.
⏳ The future price of gold remains uncertain, but its historical role as a store of value persists.
@Academiadeinversion:
“Well, the factors, obviously, I suppose that everyone will agree, is the typical: COVID at the time, then the war in Ukraine, then the war in Israel, and with all these elections in the United States, if Trump comes to power and such, well, it makes the price go up. Well, in fact, now regulated, last week, I think, or the other, we did, well, the price of metal made a historical maximum. Now it has regulated a little, but well, it is already known in movements like this, in complicated times, times of wars, pandemics, all this, the price of metal rises because people have insecurity and tend to buy, and if people go more to buy, well, the price of metal rises. It is very, very easy what can happen more things, let’s hope not, that there are no more wars and more strange things, but well, you never know. Now, for example, also, I don’t know, cryptocurrencies have risen a lot, but well, we will talk about that later, it seems to me. So, will it continue to rise? Mysteries of life, we will never know until we reach the future, and nobody has the crystal ball, then, well, it remains to wait and little more, if it goes up or if it goes down, destiny will decide.”
Watch the exact part of the video where Pep talks about Gold here:
View the video on YouTube.
Read more articles by the world’s top 100 analysts on Gold at the following link. Gold stock.
