GOLD 0.51% $1,391.7 gold futures

Gold and Ukraine, page-1722

  1. 3,256 Posts.
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    I'm not sure if you're being intentionally selective/misleading with your interpretation of the content of my previous post or just unable to properly understand said content. The current escalation of the Russo-Ukrainian conflict occurred in early February 2022 - POG went from USD$1800 to USD$2052 by early March. POG then tapered off. Should there be a further escalation, POG is more likely than not to also appreciate - just as it did in the late 1970s during the Iranian Revolution in 1978, the Iran-Iraq conflict in 1979, the Soviet Union’s invasion of Afghanistan in December 1979 and the Iranian hostage crisis in 1979. You might also like to consider the period of the first Gulf War when Iraq invaded Kuwait in 1990 - POG soared again but soon after POG returned to pre-war levels. 11 September 2001 - POG also surged. As it also did when the US invaded Iraq in 2003 "in response to" 11/9/01 (before reverting immediately thereafter).
    GLTAH!


 
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