Gold's been all over the news ever since countries started to stockpile more of it (due to rising geopolitical tensions). It went almost past $2,800 only to go back to $2,668.
I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.
What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you.
I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.
What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you.
We are not sure about Bitcoin reserve yet but if that is true about having Bitcoin reserve, that's going to stroke on Gold because we know how Gold has been backing of many country reserves. United State has a lot of relations across the globe that copy their system of government, this will makes other countries move for Bitcoin either publicly or silently and it's going to have an impact on the price of gold, so it's better to wait for that comfirmation before you go in.
I don't really know why you want to consider Gold investment, that asset is highly watch and regulated which means no amount of regulation can make it go high and volatile like Crypto assets. Ethereum went to almost the same price with Gold and it's still below the price despite the fact that Ethereum has been having bad times performing, the price is still better.