Illya Gerasymchuk
Financial & Software Engineer
expected? yes ✅
expected? yes ✅
normal? no ❌
gold shouldn't be up 50% in a year
and you shouldn't ignore what that means
i wrote this back in 2013. as the current highs are consolidated - it will move up further
maybe when you're reading this the above has already played out 😄
If you only understood how cheap gold is now. To put it in perspective, its current FIAT price only reflects inflation prior to 2011 🤯
Any direct or indirect inflation following that time period has not yet been accounted for
You don't have to trust me. Trust the price action
