"Gold's Glittering Rally: World War III Rumors Send Investors Scrambling for Their Financial Bomb Shelters"
(Chaz Anon) In the latest episode of our global reality show, where the absurd meets the terrifying, gold prices decided to put on their Nikes and sprint further into the stratosphere this morning. The catalyst? Fresh headlines screaming that the Iran-Israel standoff is ticking closer to its explosive climax.
Now, Spot Gold, acting like it just got a shot of adrenaline directly into its veins, is flirting with the $2420 mark, making investors and doomscrollers alike wonder, "What in the high-octane world of international brinksmanship is going on?"
What does Peter Schiff, the #1 gold advocate, have to say about this?
Gold is now above $2,400. What's happening is not normal. #Gold doesn't typically move like this, especially on no news. If this means the ZIRP, QE, and deficit spending chickens are finally coming home to roost, the magnitude and velocity of these gains is about to accelerate.
— Peter Schiff (@PeterSchiff) April 12, 2024
#Gold surrendered a near $60 rally to trade negative on the day. Once again traders taking profits has created another buying opportunity that likely won't last long. The record high of $2,340 set earlier today is not the top and will likely be broken next week. Buy the dip.
— Peter Schiff (@PeterSchiff) April 12, 2024
Silver is pumping too…
Silver hits $30.
— Praying Medic (@prayingmedic) April 12, 2024
Worth noting:
Gold has increased by 30% in the last 6 months.
Silver has increased 33% in the last 6 weeks.
Silver's average daily rise over the last week has been 41 cents. If it maintained that rate, it would hit $50 in just seven weeks. pic.twitter.com/gjlfIOkbO4
The media is trying to figure out the mystery buyer in the gold market.
— Gold Telegraph ⚡ (@GoldTelegraph_) April 12, 2024
It is no mystery...
Individual countries.
