#chartporn #chartstr #compare Past Bull Markets of #GOLD - duration %rise cycle
(key points - after 1971 nixon shock - also no internet age - no futures era)
fyi - 30Trillion mcap elephant 🐘 always moves slowly
what is driving ? #multipolar world #neutral accepted asset by all 200+ nation states
Mounting sovereign debt across developed economies -kick-da-can-
Persistent inflation pressuring purchasing power
Currency debasement through expansionary monetary policy
Rising *** #geopolitical instability *** driving safe-haven demand --- JOKER WILDCARD ---
what is driving ? #multipolar world #neutral accepted asset by all 200+ nation states
Mounting sovereign debt across developed economies -kick-da-can-
Persistent inflation pressuring purchasing power
Currency debasement through expansionary monetary policy
Rising *** #geopolitical instability *** driving safe-haven demand --- JOKER WILDCARD ---