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"If China invades Taiwan and China ties the yuan to #Gold, then Gold could go ballistic.
All details aside, it is clear Gold is returning to the center stage of the global monetary system, and that can only be good for the price going forward."
The big story for #Gold is commodity inflation, w/#Oil taking centre stage. The $115 area is important and so is $130. A move through $130 for Oil likely sees Gold push through $2100. That rings institutional and small investor alarm bells. ~ Stewart Thomson - Graceland
The $GOLD 8 year cycle charts I have been posting at the service are playing out very nicely and as expected.
My price targets for the bull market are still the same as first posted back in 2019:
#gold 10 000
#silver 370
If things get really wild we could see double that though.
#Bitcoin mining is the only proven method for creating a digital asset that is property rather than a security. This makes it the ethical foundation of the #crypto economy.