Post
Topic
Board Economics
Re: Is now a good time to buy Gold?
by
bangjoe
on 20/01/2025, 10:13:48 UTC
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. Smiley
I think seeing how the current political tensions as one form of global financial and economic studies that may be affected periodically, seeing the intensity of the conflict that is likely to happen in the future, buying gold slowly from now on is a pretty good thing, as if we were doing DCA on Bitcoin, because the global geopolitical situation is difficult to predict, especially since Trump has different characteristics from Biden.

The number 3000 is not a number that is impossible for gold to get, besides seeing geopolitics as a signal of an increase in gold, we also see the printing of money that they do every year, this can be a reference for you to save gold or bitcoin to fight inflation.