Gold is the safe haven. Chaos is supposed to fuel its rises - so why is it running out of gas?This is what I break down in this video, along with explaining what will likely happen next.
I seem to remember from some distant past, I'm 70, hearing someone saying something like 'we are going to burn up all of the energy sources external to ours and then we will have absolute control' sounds like they made it.
I would point out that there are reasons gold hasn't surged with the war. For one, gold already had a huge run-up and a blow-off top very recently. During the advance, gold began trading like a risk-on asset. A lot of new money came into the space and a lot of people were sitting on profits. Also, central banks have unloaded gold for liquidity purposes. There will be more of that as oil revenues decline.
Cato, are you familiar with Reggie Middleton and his 9 patents on DeFi? He is on X.
Veridao.io
Very, very helpful. But a bit over optimistic about the end of the Iran war.
So USA government is just a bunch of thief’s as well.
Thanks for your insights.
I seem to remember from some distant past, I'm 70, hearing someone saying something like 'we are going to burn up all of the energy sources external to ours and then we will have absolute control' sounds like they made it.
I would point out that there are reasons gold hasn't surged with the war. For one, gold already had a huge run-up and a blow-off top very recently. During the advance, gold began trading like a risk-on asset. A lot of new money came into the space and a lot of people were sitting on profits. Also, central banks have unloaded gold for liquidity purposes. There will be more of that as oil revenues decline.
So interesting. It helped me understand a subject I normally don't understand.