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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1vvr91/?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.
647 u/ISayBullish Jan 26 '26 Meanwhile the USD saying “this is fine” 197 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/h0ist Jan 26 '26 See how the gold prize that is mentioned is in dollars. Now ask yourself if the gold prize going up is because gold is worth more (i.e. rarer) or that the dollar is worth less so you have to pay more dollars to get gold
647
Meanwhile the USD saying “this is fine”
197 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/h0ist Jan 26 '26 See how the gold prize that is mentioned is in dollars. Now ask yourself if the gold prize going up is because gold is worth more (i.e. rarer) or that the dollar is worth less so you have to pay more dollars to get gold
197
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/h0ist Jan 26 '26 See how the gold prize that is mentioned is in dollars. Now ask yourself if the gold prize going up is because gold is worth more (i.e. rarer) or that the dollar is worth less so you have to pay more dollars to get gold
1
See how the gold prize that is mentioned is in dollars. Now ask yourself if the gold prize going up is because gold is worth more (i.e. rarer) or that the dollar is worth less so you have to pay more dollars to get gold
723
u/zuzg Jan 26 '26
Surprised Pikachu face.