Today's Wall Street Journal has an article entitled "Five Reasons Gold Is Surging Toward $5,000 an Ounce". In short:
- The debasement trade / economic and political uncertainty
- Lower interest rates / rotation out of government bonds
- Central bank buying / de-dollarization
- Stocks are expensive (at historical highs by some measures)
- Momentum
stpeter wrote: ↑Wed Jan 21, 2026 11:12 am
Today's Wall Street Journal has an article entitled "Five Reasons Gold Is Surging Toward $5,000 an Ounce". In short:
...
The journey of a thousand miles begins with a single step. -Lao Tzu