I almost forgot. Investors are now using the usd as a safehaven instead of gold. This is also causing gold prices to fall.
The high price of gold makes it volatile. We have seen a drop in price from $1800 to $1550 in 6 months or 13%.
If demand is falling enough to make gold fall 13% even with some inflationary pressure from the European stimulas. That makes gold is too volatile and high risk.
I believe the entry point is too high for genuine
large investors to take positions. Maybe some fund managers using your money might. Ouch.
I almost forgot. Investors are now using the usd as a safehaven...
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