🎁See the Power of Gold ATH Headlines: Did You Invested in Gold ETFs or Physical Gold?
@Tiger_chat:
See the power of ATH headlines. In times of economic uncertainty or market volatility, investors may turn to both gold and Bitcoin as safe-haven investments. The physical nature of gold and its centuries-long history as a store of value make it an attractive option for some investors, while the digital nature of Bitcoin and its potential for high returns make it an attractive option for others. “Yes, gold corrected on Monday after a silly spike, but I'm very confident we'll see higher highs in 2024 and beyond” -Lobo Tiggre@duediligenceguy, speculator, analyst, author of independent due diligence reports. Image Cited from Eric Yeung @KingKong9888 on X platform. It is reported that Chinese retail only used 3% of their physical GOLD buying power. According to @caseylolsen, Gold Trader. Technical Analyst, gold performs well in times of directional uncertainty *in all other markets*. During periods of money printing, gold prices rise temporarily until the market shifts to risk-on assets, and then sells off. However, the gold price has been suppressed for 40 years. Image Does your family have experience of buying or investing in physical gold? What are the main methods? Do you expect the price of gold to reach new highs in 2024?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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