Certainly doesnt look like a beginning to me, Gold has 2 drivers one and the strongest is a black swan event, second is its practical use which is not much of a driver anyways. A recession that is anticipated is not a black swan event, practical use will most likely decrease during a recession due to decreased spending. However I am happy to be proven wrong, not like gold bulls they have tunneled vision, I know because I got caught the last rally nearly 10yrs ago, finally got my money back lols.
So if you bought 5 years ago you are back there, page-62
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