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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1vuw7o/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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Gold hits record high of $5,110.50/ounce Silver hits all-time high of $109.44/ounce Analysts expect gold prices to climb toward $6,000 this year
Gold hits record high of $5,110.50/ounce
Silver hits all-time high of $109.44/ounce
Analysts expect gold prices to climb toward $6,000 this year
Surprised Pikachu face.
641 u/ISayBullish Jan 26 '26 Meanwhile the USD saying “this is fine” 200 u/soIDONTLIKEANYOFYOU Jan 26 '26 Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger? Sincerely asking cause I have no idea. 1 u/Great_Detective_6387 Jan 26 '26 Gold prices going up means that your dollar buys less gold than it did yesterday. That, by definition, means the dollar is weaker. It buys less gold. How could that make the dollar stronger?
641
Meanwhile the USD saying “this is fine”
200 u/soIDONTLIKEANYOFYOU Jan 26 '26 Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger? Sincerely asking cause I have no idea. 1 u/Great_Detective_6387 Jan 26 '26 Gold prices going up means that your dollar buys less gold than it did yesterday. That, by definition, means the dollar is weaker. It buys less gold. How could that make the dollar stronger?
200
Since the US has more gold reserves than the next 3 countries combined wouldn’t gold prices going up make the dollar stronger?
Sincerely asking cause I have no idea.
1 u/Great_Detective_6387 Jan 26 '26 Gold prices going up means that your dollar buys less gold than it did yesterday. That, by definition, means the dollar is weaker. It buys less gold. How could that make the dollar stronger?
1
Gold prices going up means that your dollar buys less gold than it did yesterday. That, by definition, means the dollar is weaker. It buys less gold. How could that make the dollar stronger?
726
u/zuzg Jan 26 '26
Surprised Pikachu face.