@degen8rate
SPX - ATH, GOLD - ATH. What’s happened?
GDP at 4.3% vs expected 3.3% signals a strong market, reflected in the S&P 500
But what about GOLD?
Gold is a safe-haven asset, with primary demand during crises to preserve purchasing power
It's also a way to store value amid runaway inflation
However, gold prices aren't formed by these factors alone
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