Toward the end of 2022, gold had
been on its back foot, plunging
down below the $1650 level.
However, as the calendar flipped
more and more people started
running back toward the gold
market, and have pushed it toward
the $2000 an ounce area.
It is expected the gold will continue
to attract attention as there have
been several banks causing ripples
of anxiety through the markets. This
includes Silicon Valley Bank, First
Republic, and of course Credit
Suisse. Crypto has also seen fraud
exposed, with the now defunct FTX
being the biggest culprit. Because of
this, gold has seen much more
interest than it had in several years
As calls for a global recession
continue most larger funds are clamoring
to GOLD as a safe investment.
As inflation stays high GOLD will continue to rise
By 2030 it's expected to hit 10.000 per ounce.