Don't Look Now, But Gold Is In Spitting Distance Of New Highs

Why is gold rocketing again? Is it fears over inflation or fears over the collapse of fiat currencies?

We have no idea, but it’s definitely shaking.

Here’s a one-year chart;

chart

Now let’s zoom in:

chart

And here’s a slightly less readable, but understandable chart of gold priced in euros, which of course, is at new highs:

chart

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