Safe haven rallies lack sustainability. Whether it is conflict, trade sanctions or unwarranted election outcomes, bull spikes over time subsided as a status quo remains. From the days of Brexit to Kimmy rocket testing, gold price was much higher than the ‘get used to bad news’ sentiment we are currently experiencing.
It is just futile to try and buy gold with reasons of its gold back potential. In addition to view gold through the lens of market crash is another sucker way to lose money. Where is Martis these days? I thought with the Feb sell off he would be chatting on that fav topic of his.
Prediction is a mugs game as always.
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