The widely circulated claim that "the internet bubble and the 2008 financial crisis triggered a surge in gold and silver prices" is not valid.
From 00-02, the internet bubble burst combined with the 911 incident, and gold and silver showed no significant fluctuations;
During the 2008 financial crisis, gold and silver actually declined. The real sharp rise in gold and silver occurred in 2010-2011, driven mainly by the Eurozone debt crisis, zero interest rates + the implementation of the first round of large-scale quantitative easing, and the silver short squeeze. The establishment of such a grand narrative must be supported by rigorous data and logical reasoning.
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The widely circulated claim that "the internet bubble and the 2008 financial crisis triggered a surge in gold and silver prices" is not valid.
From 00-02, the internet bubble burst combined with the 911 incident, and gold and silver showed no significant fluctuations;
During the 2008 financial crisis, gold and silver actually declined. The real sharp rise in gold and silver occurred in 2010-2011, driven mainly by the Eurozone debt crisis, zero interest rates + the implementation of the first round of large-scale quantitative easing, and the silver short squeeze. The establishment of such a grand narrative must be supported by rigorous data and logical reasoning.