Gold has been rallying to new all-time highs lately. There’s a few reasons for this, such as the uncertainties caused by geopolitical tensions or a worsening economy. This has caused many to turn to gold as a hedge against this uncertainty, pushing its price up as a result.
However, there’s another cause for this rally. That’s because investors have been desperately trying to move their gold, only to find out it isn’t available. This has led many to believe that the world is running out of gold, causing chaos in the gold market.
But is the world really running out of gold? Do central banks actually hold the reserves they claim, or are they really just trading paper? Today, we aim to find out.
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BTC vs Gold: Ultimate Showdown 👉 https://youtu.be/P18frOZUZmU?si=7tve7NsROX2fdIzZ
National BTC Reserves 👉 https://youtu.be/3cWOT2Aomnk?si=JNex2155wPaMrLOg
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– TIMESTAMPS –
0:00 Intro
0:34 Why Has Gold Been A Top Choice For So Long?
4:05 Why Has So Much Gold Been Moving?
8:25 Delays in Physical Gold Deliveries
11:43 Other Gold Shortage Concerns
14:11 What This Means For Gold’s Price
17:16 How This Could Affect Other Assets
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#gold #crypto #bitcoin
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