Over the past quarter, many investors have noticed the rising price of gold and may be wondering about the reasons behind this trend. While some may attribute it to the usual market factors, such as supply and demand, there is a more significant force at play. Savvy foreign holders of US dollars and bonds are dumping the dollar in favor of gold, seeing it as a safer haven asset. This trend is not a mere reaction to the current state of the US economy but a proactive measure to protect their assets from the worsening US national debt crisis. According…
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