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THE PRICE OF GOLD IS TOO HIGH. I’M TRYING TO BUY SOME &
Posted on: September 8, 2025 at 07:56:41 CT
KCT-BoneTiger MU
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IT IS TOO HIGH. TRUMP WILL FIX IT & MAKE LOWER!
The price of gold generally increases during a bad economy due to its reputation as a "safe-haven" asset. When economic uncertainty rises, investors pull money out of more volatile assets like stocks and put it into gold to preserve their wealth, driving up its price.
Gold price history during recessions
Historical data shows gold performing well during several major economic downturns.
2020 COVID-19 pandemic: Gold prices rose by 28% from January to August 2020.
2008 Financial Crisis: Gold surged from approximately $872 per ounce in early 2008 to over $1,571 per ounce by 2011.
Dot-com bubble (2000–2002): As tech stocks collapsed, gold prices steadily increased.
1973–1975 Recession: Gold's price surged by 87%.
Edited by KCT-BoneTiger at 07:57:59 on 09/08/25
The price of gold generally increases during a bad economy due to its reputation as a "safe-haven" asset. When economic uncertainty rises, investors pull money out of more volatile assets like stocks and put it into gold to preserve their wealth, driving up its price.
Gold price history during recessions
Historical data shows gold performing well during several major economic downturns.
2020 COVID-19 pandemic: Gold prices rose by 28% from January to August 2020.
2008 Financial Crisis: Gold surged from approximately $872 per ounce in early 2008 to over $1,571 per ounce by 2011.
Dot-com bubble (2000–2002): As tech stocks collapsed, gold prices steadily increased.
1973–1975 Recession: Gold's price surged by 87%.
Edited by KCT-BoneTiger at 07:57:59 on 09/08/25
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THE PRICE OF GOLD IS TOO HIGH. I’M TRYING TO BUY SOME & - KCT-BoneTiger MU - 9/8 07:56:41