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Re: mick post# 619631

Friday, 07/19/2024 11:54:47 AM

Friday, July 19, 2024 11:54:47 AM

Post# of 635532
gold was selling at about $1,800 an ounce in October 2023.



Right around the time, word began to leak on Wall Street that the U.S. government was having trouble borrowing money.


By the following month, gold hit $2,100 an ounce, a 16% gain in 30 days. That’s a big move for an old-fashioned metal. It almost moved like an AI stock.



But then reports kept coming out showing how hard it was becoming for the U.S. to borrow money.

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