That's and astronomical $1,576/oz and is what happens when you buy an asset at cycle high, could have bought the same asset in Sep 2022 for less than $250/oz. It just goes to show that professional directors are just as susceptible to fomo as the regular retail punter. No matter how many times it gets repeated, buy low and sell high, people managing money mostly do the opposite. I'm seeing the very same thing happening today with gold at ATH. No one is cautiously taking money off the table.
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