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Discussion on surging gold prices and EU's fine on Apple, impact of planned tax cuts on UK election, challenges of regulating Big Tech, complexities of UK tax policies and party strategies
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- Investors face a choice between traditional safe assets like gold and the digital phenomenon of cryptocurrencies during periods of high volatility.
- EU's €2 billion fine on Apple initiates a broader conflict with tech companies, raising questions about the effectiveness of regulations in the fast-paced tech industry.
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Gold and Cryptocurrency Surge Amid Economic Volatility
The price of gold has reached close to an all-time high, nearing $2,100 per Troy ounce, due to its status as a safe haven asset that investors turn to during times of high volatility, such as during the Israel Hamas War and issues in the Chinese market. In contrast, Bitcoin is also on the verge of hitting its peak value. The surge in both gold and cryptocurrency prices presents investors with a choice between traditional safe assets like gold and the digital phenomenon of cryptocurrencies.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode