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Why has the price of gold been increasing so fast, breaking records? Economist Michael Hudson explains the politics of the …
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23 comments
Thank you, especially for the technicalities.
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Gold was declared a Tier 1 asset by Basel III. US Treasuries is the other. How can gold be equivalent to debt?
So is he bullish or bearish on gold? He said believes in gold would lose but everything else seems bullish for gold.
Your definition of skyrocket please?
It’s not !
Last castle of manipulation. Soon will crash
There is nothing for a small investor to put their money in.
It is worth mentioning that gold has long been considered a traditional method for building wealth and has proven to be a dependable investment option. However, I am considering expanding my portfolio to include new generation and AI stocks to explore possible growth opportunities. I think this change could help me keep up with the constantly changing market. Do you have any advice on the best way to navigate this transition successfully?
Sell fort knox gold and buy bitcoin
Thank you for this!
Is was the republicans in contract with America that did that. Clinton didn’t do shit but get rich. Also Regan was the best thing that ever happened besides trump
Thanks!
I've noticed more sugns in shop windows buying gold.
In a bit less words he is telling us that the US Gold trade based on capitalism is a scam 😂
1:24 Because it isn’t skyrocketing 😂🤷🏼♂️
85 years old and sharp as ever.
The value of Gold is based on supply and demand. The higher the price the less the industrial demand. If only 11% of gold is used industrially then 89% is based on hoarding aka speculating. The price of gold now is like an over inflated balloon. Not if but when it pops gold will devalue very rapidly.
The significance of gold as a traditional wealth accumulation method cannot be overlooked. It has consistently proven to be a reliable investment option over the years. However, I am contemplating diversifying my portfolio by including contemporary stocks and AI stocks to explore potential growth opportunities. I believe that this adjustment could help me adapt to the ever-changing market environment. I am curious about the most effective strategy to navigate this transition successfully.
Gold – the metal that keeps the US from passing its debts to other countries, which the US has been doing with its dollar since 1971!
Wow 🤯
So, how about telling us what is safe? Investment wise
I predict….Trump, Putin and Xi to put the World on a Gold Standard! 🤫