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Boris_Badenov
074f4dc05ce0080c4e1355f7b003217ca396176d01fc5e0d829ce118e709ec0b
just trying to reduce my digital footprint

You are comparing a market with companies. What is the point.

There are concrete plans for gold to become a Tier 1 asset. The United States is set to adopt new Basel III regulations on July 1, 2025, which will officially reclassify physical gold as a Tier 1 asset for banks, aligning U.S. rules with global standards.

#GOLD

$SPY just crossed the low volume node on the daily at 548.86, and right through it. If it holds (and it looks promising), we likely see much more upside from here. #stocks #investing

And now doing something about it.

$eur/usd spiking. #investing

Write this down: the gold volatility index is nearing 30. Credit default swaps are spiking around the world. A major financial crisis is imminent. #stocks #investing

Paxgold PAXG maintains a 1 to 1 ratio with one troy ounce of gold. Gold is moderately deflationary, growing worldwide at a rate of about 1.9% per annum. The supply of PAXG tracks the physical supply of gold. I have checked the price of PAXG, and it does mirror the spot price of gold. Gold holds one advantage over crypto, in that it is a reserve asset in every Central bank in the world. Buying has been heavy, and will continue to be as long as fiat exists. Bitcoin or other crypto as a reserve asset has been shunned by some large countries, most notably China. Fear of loss of control over monetary aggregates no doubt a factor. It is something I am considering, in addition to BTC. #PAXG