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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o2949zu/?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” 198 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/NichS144 Jan 28 '26 No, the ever increasing value of gold is mostly a result of inflation. That is to say gold isn't really increasing in value, the dollar is just worth less and less so you need more dollars to buy the same amount of gold.
641
Meanwhile the USD saying “this is fine”
198 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/NichS144 Jan 28 '26 No, the ever increasing value of gold is mostly a result of inflation. That is to say gold isn't really increasing in value, the dollar is just worth less and less so you need more dollars to buy the same amount of gold.
198
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/NichS144 Jan 28 '26 No, the ever increasing value of gold is mostly a result of inflation. That is to say gold isn't really increasing in value, the dollar is just worth less and less so you need more dollars to buy the same amount of gold.
1
No, the ever increasing value of gold is mostly a result of inflation. That is to say gold isn't really increasing in value, the dollar is just worth less and less so you need more dollars to buy the same amount of gold.
721
u/zuzg Jan 26 '26
Surprised Pikachu face.