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.
There is a close relationship between the decrease or increase in global political instability and the fluctuation in the prices of goods or services. We have already seen that when there is a war in the world especially between powerful countries, the prices of oil, gold and other essential goods or services have gradually increased. For example, how the prices of oil and gold increased immediately after the war between Ukraine and Russia. And in our world the price of gold has become a very common thing in any kind of global crisis. So I think considering the current situation and according to Trump's announcement I believe that investing in cryptocurrency will be very profitable although there is still time to invest in gold to make a profit.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.