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Greg 🎩
@gregory-1967
It is difficult to manage our assets in financial markets if we do not know the direction in which the global economy is heading. Yesterday, I laid some groundwork on the global economy, the state of the U.S. dollar, and China’s strategy to counter the petrodollar. Today, I want to clarify the state of the global economy for you so that the reasons behind the growth of financial markets become clearer.And so you can better manage your asset portfolio. Don't forget your support. 🙏 👇👇👇 https://warpcast.com/gregory-1967/0x35bb5a54
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@gregory-1967
1/ History has shown us that when gold and the stock market rise together at the intensity we have seen over the past year, it means a storm is on the way. We must remember that the decline of an empire does not require an external enemy to strike it; the cause of every empire’s downfall lies within itself! For the first time in history, both the S&P 500 index and gold have simultaneously experienced a 30% annual return, while central banks, particularly in Europe, talk about a “soft landing” for the economy. But why are they all buying gold? Gold has grown by about 29% since the beginning of this year—an annual increase not seen since 2010. Even more interesting is that gold, considered a safe-haven asset, has aligned with risky assets like stocks, growing at a similar rate. Despite the significant rise in gold prices, central banks are still stockpiling gold!
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@gregory-1967
2/ In the previous post, I explained that China added 225 tons of gold to its reserves last year, but China is not alone in this. Interestingly, Turkey ranked first in gold purchases last year, followed by India. Yet everyone agrees on a global “soft landing,” meaning inflation is supposed to decrease without significantly increasing unemployment or damaging economic growth. Typically, when the dollar index strengthens, gold prices fall, but in recent months, not only has this correlation not held, but the opposite has occurred—gold and the dollar have risen together. Meanwhile, Bitcoin and gold are no longer competitors or substitutes; both are registering price increases simultaneously.
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