Go65

By the sounds of it you can’t be Albert cos he is😀

From IG Gold-Backed PAXG Token Spikes to $2.9K Amid Geopolitical Tensions 14 Apr 2024 19:05 PAXG spiked as high as $2,923 on Saturday, trading at premium of over 20% to gold's per ounce price of $2,342.90 on Friday. Bitcoin traded at a perfect negative correlation to PAXG in a sign of weak demand as a geopolitical hedge. Prices for PAX Gold {{PAXG}}, a gold-backed digital asset created by Paxos, surged over the weekend as escalating geopolitical tensions in the Middle East catalyzed demand for haven assets. PAXG rose as high as $2,923 on Saturday, trading at a premium of over 20% to the yellow metal's per-ounce price of $2,342.90 at Friday's New York close, CoinDesk data show. As of writing, PAXG still drew a notable premium, trading at $2,471. Meanwhile, bitcoin and other major cryptocurrencies traded under pressure as Iran fired explosives at Israel in retaliation for a suspected Israeli attack on its consulate in Syria on April 1. On Sunday, Iran warned (https://www.reuters.com/) Israel and the United States of a much larger response after Tel Aviv said it would respond to Iran's retaliatory aggression. With a market capitalization of over $446 million, PAXG is the world's second-largest tokenized gold coin. Leading the pack is tether gold (XAUT) with a market capitalization of $581.9 million. PAXG's weekend surge did not spill over into XAUT and other gold tokens. CoinDesk reached out to Paxos for comment and awaited a response at press time. Gold has surged over 8% in four weeks, while bitcoin has declined by 10%. On

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It is now!

oh FFS! I’m limited to ONE SUPER LOVE. Time for an upgrade!

I lasted 30 seconds before changing my previously thoughtful opinion as missiles started flying. it will be interesting. BTC dived then bounced back. 🤷‍♀️

I’m going mad with it now. Better read the posts before I ❤️😀 them. Might get into a bit of trouble with some of the posts here!

Just upgraded. Do you want some ❤️?

They get to make their gains AGAIN! like potting the black ball on a 147.

I thought gold was the thing to hold in times of war and political upheaval? I get confused 🙁

Thanks make mine a double.

Should I be buying or selling?🙁😀🤔

I can’t help but think of Nero! This is a mess.

Right then. I’m just off to the UK (Ungraded) page !

It was quite the smack down by TPTB though, but, I like your view!

Haha. I should have watched the news before posting!

So… it was an interesting week to say the least. A coordinated retracement in the last hours of trading across most commodities we are interested in. Do most people reckon that next week will be a period of reflection as mentioned by @silversky or maybe a deeper retracement to build lower down for the inevitable resurgence. Or door number 3, a hop and skip back to $2430? I’m with a drop to $2200 till Wednesday for range bound fun then a brief test lower followed by positive move after next week. Anybody willing to make a prediction?

Excellent explanation and much appreciated . Just can’t show it 🙁. This emotion limit for silver members is really boring. If I could I would. ❤️❤️❤️❤️❤️😀😀😀😀😀❤️❤️❤️❤️❤️

Well, gold went up £50 and everyone was excited and now it’s back down and everyone’s depressed.

My plan worked! I’m glad I didn’t say THAT here!

I definitely have faith. It’s just the market makers messing around. Readying themselves for next week and the chance to do it all again 😀

Just the monied members in control for notifications. Just like in the Gold market