In times of economic uncertainty, investors move their money out of equities to safer assets such as precious metals (gold,silver,palladium), bonds and money market instruments.
With GOLD having some favorable price action, paired with the current economic climate and also the war in Ukraine - Gold is definitely one of the assets we will see rise in price.
Previous GOLD analyses linked.
Also attached is a post on $PAXG and how it can be a safer bet on gold as well, given you dont have access to spot market brokers.
With GOLD having some favorable price action, paired with the current economic climate and also the war in Ukraine - Gold is definitely one of the assets we will see rise in price.
Previous GOLD analyses linked.
Also attached is a post on $PAXG and how it can be a safer bet on gold as well, given you dont have access to spot market brokers.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
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DXY vs. Gold
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