Gold is also profiting from the surge in government bond prices since the pandemic started. Government bond yields are at record lows, thanks to the huge quantitative easing programmes undertaken by central banks. In many cases yields are now negative, meaning investors have to pay for the privilege of holding the bonds until they mature .
Geez.. I'd rather live in a world where a roll of toilet paper is worth that much.
Not a good sign- 1929 anyone?!
It is not a good sign for middle class families. Because they are not able to get more gold for their daughter's wedding and many other purposes...
Gold is just sitting there but USD is devaluing Brrrrrr printed out so much USD. Its insane. People will sell gold to get USD, which is worth less, then buy cheaper gold with less purchasing power and down the spiral we go......
thegadgie66 told ya 😉 2k
War is coming... Gold always survives regime change and the dissolution of countries.
🤔🙄😱
This is just the beginning
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Source: The Guardian - 🏆 84. / 53 Read more »