>>60887857 (OP)
The US is going to revalue it's gold holdings to raise over a trillion dollars in a "budget neutral" way. This sets a new min price floor on gold
>>60887857 (OP)
gold is better than crypto in every way, including supply saturation (not in terms of BTC supply, but endless shitcoins will dilute the whole market endlessly)
crypto is going to zero you just don't see it yet
>>60889405
The gold at fort Knox is on the US balance sheet at like pre 1971 prices, its valued at 33 bucks an ounce or some shit like that. It would actually be legit to officially revalue at today's market price. This WILL happen at some point over the next year
>>60887857 (OP)
It's scared of the 200d moving average. It thought it had escaped it, but recently it realised the 200d has caught up to it, so it's trying to run from it again.