Monday, 3 March 2025

Gold glory

I bought my first gold in 2012 but it was only paper gold via Maybank GSA. Managed to collect 3g and that much still sits in my account (on paper).

Last year I opened up Bursa BGD account and so far managed to collect 6.25g. This is also on paper.

Recent gold price rise has sent me on a fact-finding mission on gold. What I discovered is that there is a massive movement of physical gold occurring after Trump's inauguration. Big big tons of physical gold are being delivered to USA.

It triggered me to seriously study gold again but this time not just an instrument of investment, but as a currency. What if Trump really does the audit on Fort Knox and afterwards attempts to reinstate the gold standard?

Many rumours are going around but the more trusted sources are pointing towards one conclusion: we are at the cusp of a massive gold bull run. It will be outperforming the indices at a parabolic scale, so they say.

Whatever happens, I truly believe gold will indeed rise like crazy. In that realisation, I've started converting some of my assets to physical gold. Not much, but still I need to start somewhere.

03 March 2025
XAUUSD = 2858.140