JG Nuke on Gold Silver and Central Banks

by Freddenver: Bitcoin

Central banks are actively shifting their reserves toward gold, and JG Nuke sees this as a clear signal for Gold and Silver. The logic here is that while big market spikes might push Gold prices down temporarily, it's just like ripples on water over a rising tide. That tide is the currency trend, and it remains the dominant force in the landscape. Even if there's noise on the chart, zooming out shows that this rising currency tide will eventually pull both Gold and Silver higher. Historically, Gold has always reacted positively during crises, so when that happens again, it's the place to be. There isn't another currency dethroning the dollar for world reserve currency status, but you can definitely see central banks moving to gold as a reserve asset.