some people use it as a hedge and some people take the equity they sell and put in cash- more equities - bonds and some buy gold
bit of trivia for ya
last night- biggest gold etf saw the largest inflow of cash—- largest inflow since 19 th June - largest daily move in months
know what the price was 19 th June ?
1742
Buyers are covering and investing in gold ( as well as other things of course) personally don’t think the trade is over yet and it’s the first sign in months of health buy
potential to build a short squeeze after months of mr 1000 on the sell side
