In his latest interview, Ray Dalio says BTC is unlikely to be held by central banks and others because it is traceable and others can monitor you and this is why he prefers gold.This will continue to be a huge hindrance. An SoV must be private.Zcash https://t.co/gPvNd52ZwP ...

From Australia to Europe and the US, traders are betting that monetary easing from central banks will slow or stop altogether https://t.co/CZCFkTAIs1 ...

Tucker Carlson says central banks are a scam and the U.S. dollar is “doomed.” Now he has launched a precious-metals company. https://t.co/9XTajlV8C9 ...

Tucker Carlson says central banks are a scam and the U.S. dollar is “doomed.” Now he has launched a precious-metals company. https://t.co/2cT9lx6oxg ...

Market Analysis & Gold's Valuation - Gold is significantly extended versus moving averages, suggesting a potential 20-25% drawdown from its peak would be normal [1] - The rapid increase in gold's price is concerning, especially when other markets underperform, indicating potential market instability [2][3] - Gold's high valuation suggests it is overbought, and investors should not be actively seeking to buy it [7][8] - Central banks may curtail their gold buying around $4,000/ounce due to elasticity, impacting market dynamics [6][7] Economic Indicators & Potential Risks - Gold's behavior may signal upcoming stock market volatility, as indicated by low 90-day volatility volume of 89% a few weeks ago, the lowest in five years [3] - Declining crude oil prices and bond yields, coupled with potential stock market declines, could accelerate existing trends, suggesting deflationary risks [4][3] - The increase in total gold reserves held by central banks surpassing US dollar reserves is partly due to the price increase [9] Technical Analysis & Support Levels - In 2006, gold corrected about 25% after stretching above its 200-day moving average, before resuming its upward trend [11] - A normal correction from the current extreme gold price would be around 20%, targeting a support level of $3,500, which was the previous peak [13] - While $4,000 is the first dip, it's not near the normal correction range of 20-30% for such a stretched market [14]

European Central Bank Governing Council member Joachim Nagel warned that undermining public trust in statistics and central banks could backfire economically https://t.co/3X0Ou7G7AX ...

All right, gold and silver both pacing for their best week in five years. For more on that recent rally and his outlook for the precious metals, we want to bring in Don Striven. He is co-head of global commodities research at Goldman Sachs.And Don, you recently brought up your price target for gold, the gold, the price you expect by December of next year. Um, what' you say. 4,900 instead of the 4,300 that you'd been at previously.What what made you say aside from just watching how quickly things were runnin ...

Central banks may hold significant amounts of Bitcoin and gold by 2030, thanks to growing institutional popularity and a weakening dollar, according to Deutsche Bank https://t.co/8Y0204Cgw6 ...

Gold Price Surge & Drivers - Gold price closed above $4,000 per troy ounce, reaching an all-time high, marking an unusual rally since 1979 [1] - Gold futures prices have risen approximately 50% this year, outpacing many major crises in American history, as investors seek to retain value during times of inflation and economic uncertainty [2][3] - Central banks have been accumulating gold bullion since the great financial crisis due to doubts about the global financial system intertwined with the US economy, US banks, and the US Federal Reserve [6] Factors Influencing Gold Prices - Policy dysfunction in Washington, including runaway deficits, government shutdowns, and a perceived lack of concern for higher inflation in the US economy, are contributing to gold's appeal [4] - Federal Reserve Chair Jerome Powell's signaling of potential interest rate cuts despite above-target inflation has driven gold prices upward [5] - A weaker US dollar, partly desired by the Trump administration to aid US exporters, coupled with a lack of confidence in the US economic outlook and concerns about long-term deficits, further supports gold prices [8][9] Potential Risks & Future Outlook - Historical trends suggest that rapid price gains in gold can evaporate within a few years, indicating potential for a future correction [10] - The strength of US institutions, the Federal Reserve's independence, a decrease in inflation, and continued US economic growth could exert downward pressure on gold prices [10] - Major Wall Street banks anticipate continued gold purchases by central banks in the coming year, which is expected to sustain gold prices [7]

Welcome back. Gold topping $4,000 an ounce for the first time ever and hitting another record high just this morning. Our next guest is out with a new piece in the Wall Street Journal about gold's rally, saying it points to eroding faith in central banks.Let's bring in Wall Street Journal chief economics commentator Greg Y. That that's nothing new, right. That that gold bugs have wanted to diversify away from fiat currencies.What's what's interesting now, Greg, is that it's happening as stocks rise and even ...