flash on Nostr: β‘οΈπ¨ ALERT - Gold the phenomenon is accelerating, it took : β
38 years to ...
β‘οΈπ¨ ALERT - Gold the phenomenon is accelerating, it took :
β
38 years to reach $1000
β
12 years to reach $2000
β
4 years to reach $3000
So where does this sudden strength in gold come from? Several factors explain this growth:
π° Massive purchases by central banks: 80 tonnes/month (vs. 17t before 2022)
π¨π³ China authorizing its insurers to invest 1% of their assets in gold (400 potential tonnes)
π Protection against the US recession
In any case, premiums in Shanghai are at their highest level for 9 months, a sign of exceptional demand.
As a reminder: Goldman Sachs, UBS and JPMorgan are forecasting gold at $4,500 an ounce by the end of 2025!
Published at
2025-04-14 11:33:46Event JSON
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"content": "β‘οΈπ¨ ALERT - Gold the phenomenon is accelerating, it took :\n\nβ
38 years to reach $1000\nβ
12 years to reach $2000\nβ
4 years to reach $3000\n\nSo where does this sudden strength in gold come from? Several factors explain this growth:\n\nπ° Massive purchases by central banks: 80 tonnes/month (vs. 17t before 2022) \n\nπ¨π³ China authorizing its insurers to invest 1% of their assets in gold (400 potential tonnes)\n\nπ Protection against the US recession\n\nIn any case, premiums in Shanghai are at their highest level for 9 months, a sign of exceptional demand.\n\nAs a reminder: Goldman Sachs, UBS and JPMorgan are forecasting gold at $4,500 an ounce by the end of 2025!\nhttps://m.primal.net/QPCq.png",
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