The world is spiraling out of control and the rising gold price is a reflection of this continued instability. Gold rose to around $2,080 an ounce today.
The spot gold price in US dollars is currently trading at US$ 2079.16 per troy oz.
If it holds until the end of the week, will be an all-time monthly closing high (and all-time yearly closing high).
The US dollar gold price is up 14% year-to-date. pic.twitter.com/6KFa1ldvmj
— BullionStar (@BullionStar) December 27, 2023
London’s gold price benchmark has hit a new record high.
Things are getting hot.
— Gold Telegraph ⚡ (@GoldTelegraph_) December 27, 2023
I’m not exactly sure where the gold price is going but I’d rather have some gold than not have some gold. It is reasonable however to expect it to go higher considering everything that’s going on.
I have no confidence in the US Dollar for numerous reasons but it is the main financial instrument of a dying military empire. There’s over $30 trillion in debt, crazy amounts of spending on failing Jewish wars and all sorts of insane corruption within this dying empire. The future outlook is not good.