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Gold Breaks Records ($3,500/oz): Why Is It Rising? Distrust in the Fed and Massive Buying

Gold Breaks Records ($3,500/oz): Why Is It Rising? Distrust in the Fed and Massive Buying

Gold Breaks Records ($3,500/oz): Why Is It Rising? Distrust in the Fed and Massive Buying

The price of gold has reached an all-time high, surpassing $3,500 per ounce, driven by growing distrust in financial institutions and strategic purchases.

Gold is experiencing an unprecedented rally, surpassing its 1980 peak adjusted for inflation. This phenomenon is not just speculation, but a reaction to systemic factors:

  • * Distrust in the Fed: President Trump's attacks on the independence of the Federal Reserve and its chairman, Jay Powell, are creating uncertainty about U.S. monetary policy.
  • * Central Bank Purchases: Global monetary institutions are increasing their gold reserves in response to fears about dollar sovereignty and seeking assets not controlled by a single nation.
  • * Chinese Moves: Chinese sovereign wealth funds are diversifying, exiting U.S. private equity investments and moving into gold.
  • * Retail Investors: Demand for gold ETFs and physical purchases of bars and coins is also increasing.

Meanwhile, Warren Buffett (Berkshire Hathaway) has accumulated a huge cash position ($318B) after selling some of his Apple shares, waiting for opportunities.

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Ian Cabrera
La Verdad Yucatán

La Verdad Yucatán

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