Pop!
Trading Economics attributes the surge to uncertainty in the US election, middle-east tensions, positive economic news out of China (the largest metals consumer) and a rate cut by the ECB. Up 41% from 52 weeks ago and 39% YTD.
Trading Economics attributes the surge to uncertainty in the US election, middle-east tensions, positive economic news out of China (the largest metals consumer) and a rate cut by the ECB. Up 41% from 52 weeks ago and 39% YTD.
the point of ATH in gold in my amateur opinion is price people want to pay...and how much is left in price potential silver has the hype thats why we almost always pay premium. But when is cut off point? If all the pumpers ring true then who will buy it at $80,$100,etc who will sell? Will faith in further growth continue or will diamond hands go to paper and take profit. Some sit on 10s of kgs some more...gold being diff tier 1 asset and ive never seen a kg here up for grabs 
its a point of liquidity being harder to do unless something special
Gold is far superior store of wealth in condensed form and generally more sought after even seasoned stackers usually look to trade at certain ratio. Hopefully theres more juice to squeeze and potential reached, timing is hard
