Spike to the moon

50 % in the last year, and again gold is spiking up, so does silver by the way.

The geopolitical situation is forcing people into safe assets like gold and silver, which is understandable and actually normal. But the spike is unprecedented, and according to some analists it is unsustainable and it will not end well.

Some say that there will be a huge drop soon, that will look like a dive into the ground.
And that I can’t believe. For multiple reasons:

• geopolitical tension will not end soon, which will keep pushing people into precious metals
• the dedollarization of the world, countries are dumping American bonds and are buying gold instead
• the industrial need for gold and silver will keep on growing due to the AI boom

A case for gold, even though it is at an alltime high!

Sincerely,

Pele23