Just another casual Monday night for gold:
— The Kobeissi Letter (@KobeissiLetter) September 2, 2025
Now nearing $3,600/oz for the first time in history as global central banks cut rates into inflation.
Gold and Bitcoin are telling the future. pic.twitter.com/UlPiOmYdtq
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Gold. Or Silver.
Beware Bitcoin. Can it be a good investment, store of value? Sure, you betcha! So were Tulip bulbs for 4 years in human history. Just saying… sovereign fortunes were made AND lost dyring that mania. History may well view bitcoin and crypto the same way. Or it may not.
History is very, very clear about Gold. You can preserve ‘todays’ value of your fiat currency into the future. That may be higher or lower than ‘tomorrows’ value in fiat currency, but on the longer timeline, every fiat goes to zero.
Totally agree, if you can’t hold it you don’t own it.
This is the 3rd PM Bull Market of my life and I intend to ride it hard…take profits when I deem it appropriate…and put it up soaking wet.
This won’t be my first PM rodeo.