Automatically translated.View original post

Gold doesn't stop just a hundred and five... but it's going to 200,000.

Imagine one day you wake up and see the headline:

"The price of Thai gold reaches 200,000 baht per gold baht."

It sounds like a long way off or an exaggeration, right? But in the last few years, the price of gold, which was only a few tens of thousands of baht, was also considered "expensive" before it repeated its peak.

The question is... this time, is gold going further than we thought?

Gold is strong because "the world is not the same."

Gold prices never rise because luck helps, but it rises because the world is changing.

Over the years, we have seen clear signs that the global financial system is fragile.

• Inflation that causes the value of cash to fall

• The sovereign debt of large soaring countries

• Geopolitical tensions occur in virtually all regions

When confidence in paper money decreases, what investors always turn to is gold as an unprintable asset.

How numerically is $200,000 possible?

If the Thai gold price is converted to 200,000 baht per baht, it is equivalent to the world gold price of about $6,000-6,500 per ounce (depending on the baht).

This number is not a fantasy, based on long-term data, because:

• Around the big legs of gold in the past. Often make several times the new peak from the previous round.

• Central banks around the world continue to accumulate gold.

• The long-term dollar tends to depreciate from debt and interest obligations.

In other words, if the financial system has not yet returned to "real stability," gold is still rational.

But gold will not rise in a straight line.

The important thing to understand is that gold is not an asset that goes up every day, every year.

On the way to the 200,000 baht level, there may be a range of:

• Strong Base Adjustment Price

• Short-term investors sell

• Negative news makes the market volatile.

This is the nature of the market. It's not always a sign that gold "ends the leg up," it's screening short-looking people out of the game.

The price of $200,000 per baht of gold is not a guarantee, but an informed scene. If the world is still full of uncertainty, money is declining, and confidence in the old system is shaken.

Gold may not reach that point in a year, but in the long run, it may reach it faster than many people think.

3/2 Edited to