Oh dear. If the sentiment is swinging strongly in favour of gold perhaps the price reises are nearing an end? I dunno, but take care out here folks.
The Wall Street Journal (gated) with the info:
- Google searches for the phrase “how to buy gold” have hit their highest recorded level so far this month, according to Google Trends data going back about two decades.
More troubling for gold bugs is the article opens with comments from a crypto bro who is now enamoured of gold:
- “For a long time, I kind of figured, ‘Oh gold and silver?’ That’s kind of the old guy-thing,” said Mr. Day, a 27-year-old college student in Kelowna, British Columbia. “Sure, I’m not necessarily going to get rich buying gold, but it will hold that money in uncertain times better than a lot of other things.
