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Gold is rising unusually! Allianz chief advisor: The dollar system is being eroded.
①Mohamed El-Erian, Chief Economic Advisor at Allianz, stated that the continued gold purchases by foreign central banks are an important driver of gold strength; ②The changes in gold prices are not only exceptional in terms of traditional economic and financial impacts. It also transcends the strictly geopolitical influences, forming a more widespread phenomenon that is becoming a long-term trend.
EZ_money : USGO
EZ_money : mining companies always lag after gold because they yet to have reported production and profits. same as silver. always starts with gold and then money will shift to other related assets
joemamaa :