Hey Everyone,

Bad News, according to CNN a gold bar is now worth a Million USD. I guess the gold bug won. Time to pack it in.

Other interesting take-aways from the article:

- Not every bar of gold is 400 oz so for this headline to be true, please go with the 400 oz gold bar.

- Also the article says that gold is really only used by central banks and bullion dealers and not for individual people. So if you are an individual looking to protect yourself from inflation, this is not for you.

- Heads up, when interest rates fall, gold prices tend to rise.

- Article by Ramishah Maruf but he needed help from John Towfighi.

- People are actually fighting politics in the comments section. 🤣

#gold #facts #media #thisisastupidarticle

https://www.cnn.com/2024/08/20/business/gold-bar-one-million-dollars/index.html