Anonymous
(ID: AVjH4UWj)
6/27/2025, 10:34:16 AM
No.60553650
>>60553632
Also to add to this the markets are pricing in a sudden lack of monetary complacency from the US administration
A big reason for the current gold bull run is that under Biden and the Ukraine war breaking out the assumption among investors that the USA would willingly walk itself into losing the USD as reserve currency status, Trump is being very aggressive about punishing anyone that tries to walk away from the USD and its making institutional investors rethink their gold holdings, and as anyone with a brain can tell you the markets care more about what they think will happen than what actually happens.
For the record also since china buying gold is often brought up, the overwhelming majority of price movement in PMs is wall street trading contracts between eachother, the physical metal market is a literal drop in the bucket in the grand scheme of what causes price movement.
Also to add to this the markets are pricing in a sudden lack of monetary complacency from the US administration
A big reason for the current gold bull run is that under Biden and the Ukraine war breaking out the assumption among investors that the USA would willingly walk itself into losing the USD as reserve currency status, Trump is being very aggressive about punishing anyone that tries to walk away from the USD and its making institutional investors rethink their gold holdings, and as anyone with a brain can tell you the markets care more about what they think will happen than what actually happens.
For the record also since china buying gold is often brought up, the overwhelming majority of price movement in PMs is wall street trading contracts between eachother, the physical metal market is a literal drop in the bucket in the grand scheme of what causes price movement.