Gold Nearing All Time High as Consumers Spend on CREDIT
Consumers spent almost a BILLION dollars on #BNPL (buy now pay later) plans and we aren't even through the holiday season yet. We have been warning #credit card usage was skyrocketing, and now businesses are becoming the last creditor available to Americans who are broke.
#Gold, as a result of this and the fact the economy is crashing, is now challenging it's all time high. Given December physical #COMEX deliveries are around the corner, we could see a new high in gold price in 2023.
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𝘌𝘢𝘳𝘯 𝘩𝘢𝘭𝘧 𝘢𝘯 𝘰𝘻 𝘰𝘧 𝘴𝘪𝘭𝘷𝘦𝘳 𝘸𝘩𝘦𝘯 𝘺𝘰𝘶 𝘴𝘪𝘨𝘯 𝘶𝘱, 𝘷𝘦𝘳𝘪𝘧𝘺 𝘢𝘯𝘥 𝘳𝘦𝘢𝘤𝘩 𝘢 𝘮𝘪𝘯𝘪𝘮𝘶𝘮 𝘵𝘳𝘢𝘥𝘦 𝘷𝘰𝘭𝘶𝘮𝘦 𝘰𝘧 $3,000 𝘪𝘯 𝘢𝘴𝘴𝘦𝘵𝘴.
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