I woke up today, Saturday, at 5am and decided I needed to dump out my thoughts on Gold.
Because I’m tired of reading the same old bullshit articles from the mainstream media.
They don’t really tell you anything of value to help you invest or manage your finances.
So before you rush out and buy gold because Warren Buffet just did…
Or because the gold spot price soared past $2,000 for the first time ever, hitting a new record-high on August 6th…
Let’s just hit pause and educate ourselves for a second.
Breathe. Pause. Count to ten please. Relax.
I would argue that Gold’s recent price run-up has been caused by the global pandemic.
Which has put the world into an overnight recession. Heading towards an eventual global depression.
Followed by a long-term “K” shaped economic recovery. (Some things go up and others stay down)