Gold hits new all time high despite surging dollar; the precious metal has now completely disconnected from the greenback amid relentless central bank buying pic.twitter.com/4OfruCNNOV
— zerohedge (@zerohedge) October 16, 2024
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I see this morning that gold has broken $2,700 an ounce. I wonder if this is a new wall or, it continues to go up from here?
Silver is currently just over $32. It should be way, way past that value.
Highest I have seen as of 8 a.m. is $2693, could hit $2700 by market close on Friday.
I guess I should have taken a snapshot — it was $2703 when I posted.
Here is the chart for today.
https://finance.yahoo.com/quote/GC%3DF/
Who will prosper when the present fraudulent, Globalist, Western banking fiat money system is finally crushed under a rising tidal wave of economic forces created by the up and coming BRICS nations? Answer: he who has gold will greatly benefit under their new rules. Money will be directly backed by gold, again.