Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Iran-Israel tensions: What's there beyond the war?
Views 199K Contents 95

IN A WORLD IN CRISIS, YOU CAN SEE THE GLITTER OF GOLD

IN A WORLD IN CRISIS, YOU CAN SEE THE GLITTER OF GOLD
Gold has always been a safe refuge as the world goes into crisis, conflicts ensue, the threat of a regional war looms, currencies generally weaken and markets are volatile and uncertainty prevails. War in Ukraine, genocide in Palestine, tensions with Iran, strikes and riots, global warming, natural disasters for volcanos, earthquakes and unprecedented climatic changes. A world in crisis. Who wouldn't want to find a safe haven for their money?
Many had speculated (mostly by those fully invested in it) that cryptocurrencies would become the new Gold Standard, borderless, globally accepted with an unassailable intrinsic value.
So gold. From retailers who have opened fractionalised ownership investment schemes to today's big news of the day, the offer by BHP for Anglo American in an all stock deal. This will make this so big it will dominate the markets.
Analysts report that gold could reach US$3,000 eventually. In an increasingly uncertain world, the glitter could be blinding.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
Translate
Report
897 Views
Comment
Sign in to post a comment
    #keepimprovingkeepdelivering Return of the Grey Suit. Financial markets|Real Estate|Storyteller|Political Pundit
    3Followers
    0Following
    4Visitors
    Follow