I’m thinking of buying gold at ath rn but was wondering what would actually make gold crash? Or will it never crash again
>>61625899people will FUD with>asteroid mining>deepsea mining>fusion reactorsdon't listen to themif you bought in the last years it was always ATH and maybe it will correct at any point but you buy gold and silver to secure your wealth, so if you plan to flip it in the next month then don't buy, if you plan to hold for years then the best time to buy was yesterday and the 2nd best time to buy is now
>>61625899Buy in and you will see :D
>>61625899Gold will crash as soon as the government becomes fiscally responsible (never)
>>61625899We are seeing rotation. Just like in the old crypto days. Something in the market pumps, then crabs and finally crashes. By that time something else pumps. Cash is the last thing to pump (everything else crashes in reality)
>>61625899Gold can't crash, it's sound money, and fiat isn't.
>>61625899We are moving into a breakdown of the international financial order and US dollar reserve system, decades of turmoil and possible war.Gold is NOT going down for the next few decades.
Gold doesn't crash, another currency will have to rise against gold again. I would say Monero is a good bet for its continued use in illicit trade, but I doubt it will replace gold as an official currency. If you want to cycle out of gold you'll have to bet on whoever wins WW3
>>61625899Food
>>61625899crash? unlikely. but the market going risk-on means the flood of institutional money into gold slows down considerably. to even increase 10% at this point, gold needs to add the marketcap of microsoft. just doubling would be a herculean effort.
