this is the moment all gold bugs have been waiting for. its dependent on a few factors.
the fomc remaining dovish, the international community remaining accommodation/reflating the global economy, and trade resolutions allowing for normal commodity demand.
face it, gold is a commodity, it's a beneficiary of inflation but not deflation.
if global trade issues are not resolved and tariffs enacted expect a deflationary event to happen via
chinese yuan devaluation.if this scenario were to play out cash and cash equivs will be key.
so although the stars are aligned for gold/metals. there are risks that can easily pull gold back down
the fomc remaining dovish, the international community remaining accommodation/reflating the global economy, and trade resolutions allowing for normal commodity demand.
face it, gold is a commodity, it's a beneficiary of inflation but not deflation.
if global trade issues are not resolved and tariffs enacted expect a deflationary event to happen via
chinese yuan devaluation.if this scenario were to play out cash and cash equivs will be key.
so although the stars are aligned for gold/metals. there are risks that can easily pull gold back down