$XAU

XAU
XAUUSDT
4,860.3
-1.54%

Why did banks start getting rid of gold? 🧐

Gold is already sitting close to a $38T market cap 👀

That is almost 2x the GDP of China 🚸

From here onward, every further move in gold will require disproportionately more liquidity. And central banks are not naive enough to expose themselves to a single asset at that scale 👀

For perspective, the total GDP of the world is around $126T 👀

If you think gold is going to $15000 from here, you are essentially saying gold will command liquidity larger than the entire world’s economic output 👀

Will banks start adopting Bitcoin as usual? 🧐

$BTC

BTC
BTC
78,847.24
-5.12%

🚸 Warning 🚸 I do not provide financial advice 🔞The intent of this content is for you to be aware of market conditions before starting to invest 👌Thank you for reading 👌

#MarketCorrection #GoldOnTheRise