You think gold will wait for the Q2 GDP numbers to increase or do you think gold price has increased in line with the COVID-19 situation?
The prospects of a recession are well understood by just about everyone (well maybe not everyone ) and would be, to a large extent reflected in the price of gold. So if I'm of the view that there will be a recession but we will slowly come out of it, then my view is that price of gold has more downside than upside.
Maybe give people a chance to make a case before ridiculing them. Obviously a trash non-holder jealous of my buy in at $9
APT Price at posting:
$50.54 Sentiment: Hold Disclosure: Held
) and would be, to a large extent reflected in the price of gold. So if I'm of the view that there will be a recession but we will slowly come out of it, then my view is that price of gold has more downside than upside.
