Galetaire

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Galetaire
npub10ehe...puxm
Less is more 🌱.
What's happening with gold is a generational phenomenon, we are going through the fourth gold rush of the last 200 years. The last 3 were: 1. California gold rush 2. First World War 3. Second World War 4. Now (whatever we are going trough) image The gold market seems to be divided into two phases: (1) a price spike and (2) a production spike. We have entered what appears to be a price spike. This could last for a few more years, but it’s important to assess whether the velocity of gold prices decreases. If it does, it will mean that the phase is over, prices may crash but will likely stabilize at a higher ground than in the previous phase, marking the beginning of a production spike phase. image