Unhedged Why is gold buggin’?
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Feb 11, 2025 The recent surge in gold prices highlights a growing demand amid market uncertainty. Experts dive into its dual role as a safe haven asset while tackling the challenges posed during mild downturns. The playful rivalry between tech giants Musk and Altman adds a sprinkle of humor, revealing the absurdity of the industry. Discussions also uncover the outdated U.S. gold reserve practices and their implications on the economy. Amidst geopolitical tensions, the conversation juxtaposes the gold boom with quirky trade ideas, like shorting pennies.
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Gold as a Hedge
- Gold outperforms other assets during major crises, acting as a useful hedge.
- In milder downturns, gold's performance is typically weaker.
Gold's Surprising Surge
- Gold prices are up 10% in 2025 and 40% since 2024, reaching $2,900 per ounce.
- This surge defies typical drivers like real interest rates and dollar strength.
De-dollarization and Gold
- Investors seeking alternatives to the U.S. dollar might consider gold.
- This is fueled by concerns about the dollar's stability and potential sanctions.