Hi friends,
You may have already noticed this, but with the recent run in gold prices, we are at All Time Highs! :)
Just an epic run over the last 20 years. Are gold prices going to stay higher - I say yes. The price to mine/produce more gold is only getting more expensive (labor, equipment, gas), the investment asset class is not going anywhere, the inflation hedge rationale makes sense, the store of value proposition is strong, the tangible need in manufacturing is not changing, and the use as an alternative exchange of value in a currency collapse is necessary - among other reasons.
So yeah, gold may dip in short run, but in the long run, more ATHs will be the norm.
Do you agree?
Thanks for coming by,
Brian
Right I have noticed and I wished I had invested some more in gold :)
I agree that we should see more ATH in the future. Sure there are still a lot of gold being mined, but I think it is a finite resource. The global population is increasing, and there are more and more uses for gold. I think the demand will always be there and will continue to outpace the supply.
Since the price to mine/produce Is expensive ,then gold is definitely going to be expensive
finally we are there.
That’s a crazy pump, mehn
I love that!
Gold is really performing quite well in the market which is something cool to see
Gold is really ready for some massive run up
The price of every coin keeps increasing. But I have also bought some coins. But their price keeps decreasing every day. Nowadays again Bitcoin goes to the top. thank you @brian.rrr
agree
The price of gold never decreases because gold keeps increasing in value because everyone wants to buy gold mostly.I am also thinking of buying some gold whenever I have money, whenever I can buy some gold.
We making some waves looking forward to seeing how things play out !BBH
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That's why I have a nice stack of gold next to my silver stack.
That's right, people were saying it's going to go down now, but I said at the time it's gone down a little bit and it's going to go up again.
!BBH
Sorry, I missed this!
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