There are many YouTub creators insisting GOLD price will increase due to QE.
So, what happened M2 after Sub-prime mortgage crisis? The Fed had continuously printed money until COVID-19. The increased amount is around 2 times. However, GOLD price had been bearish during that time.
Previously, 30 years bearish.
If you believe in insistences of YouTube creators, are you idiots? Don't you see the past data?
GOLD bear market is more painful and disgusting rather than alt bear markets.
Are there any people who can endure 10y bear market with many consolidations during S&P increasing for 10 years?
After GOLD records a new ATH(All Time High), GOLD has been bearishg during the last 5 months.
I heard that you should buy GOLD right now from misses. I thought finally, a retail indicator appeared.
I don't mind if you can endure for a 10y bear market with many consolidations and see S&P 500 increasing for 10 years.