Erosion Control
Gold is an indicator of crisis and a rise in the price shows a struggle in the economy. Many governments/investors use gold to protect their principal.
With the Euro less appealing as a play away from the dollar. Gold will rally, since all currencies have issues.
The FED'S continuing QT. The ECB halts QE. Stimulus, Stimulus everywhere. Rates higher, i don't think so.
Trade Safe
XAUUSD
GLD
Gold is an indicator of crisis and a rise in the price shows a struggle in the economy. Many governments/investors use gold to protect their principal.
With the Euro less appealing as a play away from the dollar. Gold will rally, since all currencies have issues.
The FED'S continuing QT. The ECB halts QE. Stimulus, Stimulus everywhere. Rates higher, i don't think so.
Trade Safe
XAUUSD
GLD
Idee correlate
GOLD Long
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