Ancient readers know well that the word "Gold" $PAXG is almost a plot line, a fixed idea, or just the message of this blog.
😎 And I am sincerely glad that there are those who heard my idea and bought (if possible) gold bars or #PAXG .
🚀 Yes, these are not the Xs that the "youth" want to get in a few days or months by investing money in crypto (into some meme-coin).
Yes, yes, some of them managed to earn! But what percentage of them, among all participants, lost?
❗️So...
☑ Gold = another record.
Currently, 1 ounce (~31.1 grams of bank gold bar (999.9 purity):
And... the trend continues.
‼️ Since 2000, gold has significantly outperformed American stocks (S&P 500) in profitability.
📈 $10,000 invested in gold in 2000 is now equivalent to $104,000
(against $40,000 in S&P 500).
➖➖➖➖➖➖
🤔And again, why is gold rising:
🔸 New round of trade wars
🔸 Geopolitical and financial instability
(tension in the Middle East)
🔸 Unpredictability of Trump
🔸 Demand from Central Banks (especially China)
🔸 Resurgence of recession fears in the USA
🔗 History repeats itself/continues: gold remains the world's primary safe-haven asset.