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Jul 29 at 06:11 AM
$GLD SG(GSD.SG)
Gold is showing signs of life here. It has been retreated quite a bit and the FOMO which was prevalent towards the end of last year and early this year has subsided.
As with all valuable assets, a pullback is necessary and healthy and gold will remain relevant as a storage of value with Bitcoin not very convincing as a replacement despite all the hype.
Precious metals will remain the go to still when there are doubts with the fiat monetary system.
@Captain's Treasure
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