Gold hits $2,601 all-time high as soaring government deficits fuel investor demand and uncertainty.
Some other conspiratorial points about Gold strength have to do with its continued usage as neutral reserve asset for trade settlement in BRICS and away from US$/UST. This week, China leadership is in Saudi talking to MBS about various things but including pricing oil in RMB.… — Craig Shapiro (@ces921) September 12, 2024 Gold just …