MaDLabbit
2025-12-23
$SPDR Gold ETF(GLD)$  GOLD set all time high again and again! Ever wonder why GOLD continue to go up? GOLD is traded in US dollar and dollar continue to lose it value due to more money in the market. Look at the money supply and not the interest rate. Interest rate is just a distraction. Own assets and not cash. holding cash only wins when there is deflation. That hardly happens and you know why now, cos keep printing money. I'll continue to hold around 20% in gold and silver. Even at $4400 it is still undervalued. Target for 2026 is $6000.
Gold $4,700! Will Greenland Dispute Push it to $5000?
Spot gold hit a fresh all-time high of $4,690/oz, marking a more than 2% daily surge. COMEX gold futures also rallied, touching $4,698, just shy of the key $4,700 level. Geopolitical tensions, including Donald Trump’s tariffs on eight European countries and escalating Greenland disputes, are adding fuel to gold’s upward momentum. The appointment of a new Fed chair and Powell’s ongoing investigation are further driving "devaluation trades," bolstering gold’s appeal as a currency hedge in uncertain times. With gold reaching new highs, how much further can geopolitical risk drive the rally?
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