GOLD 0.51% $1,391.7 gold futures

Yeah, this was always coming.The corona virus has accelerated...

  1. 10,223 Posts.
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    Yeah, this was always coming.The corona virus has accelerated the process by a wide margin.
    This will be different to the beginning of the GFC ( this is the same crisis because nothing was fixed ) because the fixed income markets have yet to come under real pressure and when they do then that money will move into the stock market and the bond market is much bigger than the share market.
    At the moment central banks are able to hold these rates down.
    A bit of volatility in the gold market here but volume isn't that heavy.
    One would expect volume to pick up and the selling pressure to arrive before the Aussie market opens.All things being equal.
    It will be all about the buyers.
 
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