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Gold hits all time high

goldprice.org

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Re: Gold hits all time high

#61

Post by thanhhaimai »

xhrpost wrote: post #31
m101 wrote: post #22

The drivers of this in my view are: 1) flight from USD assets given views that one cannot depend on US assets as safe havens 2) central banks increasing gold holdings 3) purchases by Chinese investors as they have few places to invest their money 4) concern around debt levels deficits and democratic process ability to fix this 5) concerns around central bank independence, and hence inflation targeting, being undermin…

>flight from USD assets given views that one cannot depend on US assets as safe havens I keep seeing this but then I also keep seeing the opposite: https://finance.yahoo.com/news/foreigners-buying-us-stocks-r...

I think you're conflating between 2 different things: the USD and US stocks from US companies.

- The USD is definitely losing value. That also means stocks from US companies would be cheaper from a foreigner's point of view.

- That means it represents good investment opportunity as long as the fundamentals of those companies are not affected too much (e.g. AI companies not directly affected by workers' raid, or pay tarrifs). Nothing is contradictory here.

Re: Gold hits all time high

#62

Post by tossandthrow »

onlyrealcuzzo wrote: post #50
paxys wrote: post #25

Gold, silver, stocks, real estate, Bitcoin, baseball cards, fine art, Rolexes - everything is trading at or near their all time highs. The value of the US dollar is simply going down.

Fiat money is not going down as much as asset prices are going up, though. So it's part of the story, money losing value in the real economy. That's been happening since moving off the gold standard at roughly similar rates. There's something that happened during ZIRP & Negative Real Interest Rate Policies that completely divorced the value of money in the real economy from the value of assets & future cash flows, an…

> Fiat money is not going down as much as asset prices are going up, though.

How do you measure this? What is this claim founded in?

You could indeed say that inflation should be defined by the asset prices. This would couple fiat and asset prices definatorically.

Re: Gold hits all time high

#63

Post by paxys »

onlyrealcuzzo wrote: post #50
paxys wrote: post #25

Gold, silver, stocks, real estate, Bitcoin, baseball cards, fine art, Rolexes - everything is trading at or near their all time highs. The value of the US dollar is simply going down.

Fiat money is not going down as much as asset prices are going up, though. So it's part of the story, money losing value in the real economy. That's been happening since moving off the gold standard at roughly similar rates. There's something that happened during ZIRP & Negative Real Interest Rate Policies that completely divorced the value of money in the real economy from the value of assets & future cash flows, an…

> Fiat money is not going down as much as asset prices are going up, though.

I'm assuming you are referring to CPI, but that is just a single measure of inflation and serves a very specific purpose. One could argue that "real" inflation in fact is the US dollar's value relative to gold or other similar assets.

Re: Gold hits all time high

#64

Post by gibspaulding »

For anyone else who read this headline and thought that seemed unremarkable since gold does tend to slowly increase in value year over year meaning it’s almost always at or near its all time high - it’s up 43% over the past year.

Re: Gold hits all time high

#65

Post by tru3_power »

alecco wrote: post #11

Most of that is some digital system saying you are owed gold without independent audit of actual bullion reserves. More worrying: many central banks are buying actual physical gold and absorbing the extra price for moving it and custody. https://www.theguardian.com/business/2025/sep/28/bullion-bon...

That is insane. What happens when that house of cards comes falling down?

Re: Gold hits all time high

#66

Post by FuriouslyAdrift »

ambicapter wrote: post #44
GeekyBear wrote: post #32

Earlier quoted context omitted.

We've also had four big rounds of Quantitative Easing from the Fed since the financial crisis, with the most recent coming right after the pandemic. https://www.wikipedia.org/wiki/Quantitative_easing

This really feels like the original sin to me (I am not remotely an economist). Perhaps it can just be fixed with taxes to take money out of circulation.

Smartest thing to do but politically radioactive...

Re: Gold hits all time high

#68

Post by onlyrealcuzzo »

tossandthrow wrote: post #62
onlyrealcuzzo wrote: post #50

Earlier quoted context omitted.

Fiat money is not going down as much as asset prices are going up, though. So it's part of the story, money losing value in the real economy. That's been happening since moving off the gold standard at roughly similar rates. There's something that happened during ZIRP & Negative Real Interest Rate Policies that completely divorced the value of money in the real economy from the value of assets & future cash flows, an…

> Fiat money is not going down as much as asset prices are going up, though. How do you measure this? What is this claim founded in? You could indeed say that inflation should be defined by the asset prices. This would couple fiat and asset prices definatorically.

Because normal people mainly use money to pay rent and utilities and taxes and buy corn from the grocery store, not to buy future cash flows.

Re: Gold hits all time high

#69

Post by FuriouslyAdrift »

snickerbockers wrote: post #19

What is it about gold, anyways? None of its useful properties were known until recently (and mostly overhyped and upsold tbh, at least as far as those stupid cables go). Are we really just instinctively attracted to shiny metals? Or do people like it as a status symbol? (not to act like im above it all, i still have my gold-plated pokemon jigglypuff trading card from burger king in 1999 and i often use golden paint o…

Things are worth exactly how much someone else is willing to pay for it...

Re: Gold hits all time high

#70

Post by dingnuts »

cousin_it wrote: post #33
kragen wrote: post #14

Earlier quoted context omitted.

Gold has a pretty stable value over long periods of time; the famous quote is: > an ounce of gold in Roman times bought a nice suit, and today, an ounce of gold buys a nice suit. Consequently it's the standard safe store of value investors flee to when the world is in upheaval, a role it has played since well before Roman times. Its price being high is a standard indicator of investors fearing miserable times ahead.…

> 02020 Funny how this "long now" date format will stop working in 99999, but the normal way of writing years as integers will keep working just fine.

it's so half-assed, why just tack a zero onto the Christian year? in the Yoruba calendar it's 10,067 -- use that and it puts things in a real perspective. We're ten thousand years from the beginning of civilization, not two thousand. Now THAT gives some perspective on the "long now"
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