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Gold has surged to a record high above $3,600 per ounce, driven by a perfect storm of economic and geopolitical factors. Central banks worldwide, including El Salvador and BRICS nations, are aggressively accumulating gold reserves. The rally has reignited the debate between gold and Bitcoin as preferred safe-haven assets.
- El Salvador purchased $50 million in gold despite being the first Bitcoin-adopting nation, increasing reserves by 30% to diversify away from dollar dependence
- Central banks worldwide are accelerating gold accumulation, with Poland planning to increase gold reserves from 20% to 30% of total reserves
- Bitcoin has outperformed gold by 11,000,000x since 2009 despite gold's recent all-time high, highlighting crypto's superior historical returns
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