Gold Appears Unstoppable as It Breaks $2,300/oz: What's Fueling the Rally? | The Gold Spot
Gold continues its rampage upward into the heart of tax season. Precious metals investors are counting their gains while those who hesitated are wondering if it's too late to join. A plethora of economic, political, and geopolitical forces suggest that the run-up of #goldprices isn’t over.
China has been leading the BRICS nations in its record-setting accumulation of #gold. Their collective gold reserves are quickly rivaling those of the United States – currently the largest gold holder on the planet.
These emerging economies are actively pursuing a policy of #dedollarization to escape the weaponization of the dollar and to protect their economies from the towering US debt. It’s not hyperbolic to say these developments are putting the dollar at risk of collapse.
Watch this week’s The Gold Spot to hear Precious Metals Advisor John Karow and Scottsdale Bullion & Coin founder Eric Sepanek explain spot gold’s recent moves, which major economy is driving gold prices higher, and why it’s not too late to invest in gold now.
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⭐ @sbcgold Precious Metals Advisors in this The Gold Spot video:
👤 John Karow: https://www.sbcgold.com/about/john-ka...
👤 Eric Sepanek
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