⚡️ Friends, behind the gold pullback is not a simple replay of history in 1979, but the old system shaking?
Recently gold has fallen over 15-20% (pulling back from nearly $5600 at the high to the $4300-$4400 range), and many people are comparing it to 1979. But looking closely, this time is completely different. It's not a simple technical adjustment, but a signal that the global credit system is being repriced.
The 1979 gold crash: US confidence rebuilding + Volcker's extreme rate hike (rates near 20%). The attractiveness of dollar assets surged, capital flowed back to the US, and gold as a n
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