<<  >> (p.81)
    Author Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold  (Read 32205 times)
    onecall123
    Sr. Member
    ****
    Offline Offline

    Activity: 2156
    Merit: 323


    View Profile
    January 16, 2023, 05:47:43 AM
     #1601

    A lot of things depends of FED decisions. If the USD will go stronger the gold can go down a little. Then it should go to 2000

    I think USD is already quite strong looking at the USDT EUR price?

    To be honest I thought it will drop a bit in near future and USDT will loose some strength but I am not an expert in this field and this is why it is great to discuss this topic with somebody more knowledgeable.

    I try to DCA so only question for me in both scenarios will be when to add more GOLD token to not miss opportunity if it spikes or to add for cheap if gold price will go down as predicted.

    There is no guarantee that gold will decrease in price if the US dollar strengthens, as other factors may remain strong, including global demand for gold. Recent years have seen record-high gold prices. Even if the US dollar were to strengthen, gold could reach $2,000 per ounce, but this is not guaranteed and depends on a number of factors.
Page 80
Viewing Page: 81