I’m not seeing it. The time to buy gold was the last quarter of 2022, 3rd quarter or 2018, and last quarter of 2015. Silver? That’s a different story. Gold may go up, but if you’re still waiting to buy, you missed the prime time to buy.
The reason for the disparity, is that bitcoin is, like fiat money, easy to exchange than is physical gold.
I’m not seeing it
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Cycles, things are the way they were when Sir Russell wrote the article.