Or maybe, will gold EVER plateau? It is hard to say when. There are just too many reasons globally for gold to continue to rise.
Oh, the many reasons. I wish that we could just simply say that its due to the tariff drama, but it's much more involved than that. With the US Dollar ( .dxy) still very high, it's unusual to also have gold reach record prices. Then there is also the issue of other countries running out of gold. Gold bar availability has been diminishing in Russia, and is all but dried up in China. It is also interesting to note that the London Precious Metals Bank is currently almost 2 months backed up with providing physical gold to their clients ( could this explain the influx of gold and silver coming in to New York?).
And what in the world is going on with silver and the large refiners all over?? They are acting as if they have so much silver to refine, that they may as well close up shop and go home. Like that makes any sense at all??
To have gold prices more steady, we would need to have global debt markets to plateau and stabilize as well. Much like the latter half of the 2010's, or the 1990's, those times gave many more reasons to be confident in our fiat currency.
When we have more reason to have that confidence again, then I believe that we will have a period of gold stabilization.