Just wait for the rebound in gold price. Gold and silver sold...

Just wait for the rebound in gold price. Gold and silver sold for margin calls. Just like 2008.



Goldman-Sachs -
The analysts believe the U.S. government’s ‘reciprocal tariffs’ will weigh on global growth, and they reinforce the case for defensive assets like gold.“We maintain our $3,300/oz gold year-end forecast – and our forecast range at $3,250-3,520, reflecting mostly upside risks to investors' positioning,” Goldman analysts wrote in a note. “We continue to see risks relative to our forecast skewed to the upside.”Further support for the yellow metal will come from structural demand from emerging market central banks, along with increased inflows into exchange-traded funds (ETF) due to recession fears and Federal Reserve rate cuts.They also noted that gold and other precious metals were exempted from the new tariffs, and they do not expect the Trump administration to tariff it in the future.