Content
@
0 reply
0 recast
0 reaction
infinitely
@harvester
The FED is reducing interest rates, causing capital to flock to safe havens like gold. In 2008, as the FED lowered rates, gold prices soared from $590 to a peak of $1900 per ounce in 2011. In 2024 a similar trend is occurring, with gold rising from $2000 to nearly $2700.
0 reply
0 recast
1 reaction
