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CBDC Delayed, AI Bubble Growing: Why Gold Still Matters
Congress just voted to block the creation of a digital dollar temporarily, experts are warning of a burst in the artificial intelligence bubble, and gold has fallen more than a quarter from its all-time high. At first, these developments appear completely unrelated, but they underscore serious concerns facing investors right now. Simultaneously, Americans are facing a rapid decline in financial privacy, dramatic stock market concentration, and uncertainty over gold’s latest correction. In this week’s The Gold Spot, Scottsdale Bullion & Coin’s Sr. Precious Metals Advisor Joe Elkjer and Precious Metals ... (full story)
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From gold.org | 10 hr ago
International and domestic gold prices recorded a sharp decline in June. The international price2 fell by more than 11% to around US$4,000/oz, its lowest level since October, while domestic price3 declined by around 10% to near INR141,000/10g, a six-month low. Although prices have recovered marginally since then, international gold price remains nearly 7% ...
From vtmarkets.com | 5 hr ago
Gold and silver tend to move together. They rarely move in step. One runs ahead. The other lags behind. The gold-silver ratio is the single number that captures that gap. It tells you how many ounces of silver it takes to buy one ounce of gold. For a trader, that number is far more than trivia. It is a relative value signal. It hints at which metal looks ...