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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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