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- 2020-3-18
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hw:
American's lastest gold rush, when even reality TV fans are watching TV shows,
like gold rush, Yukon gold, is that the signal that the bubble has burst?
for centuries, investors have depend on gold as safe store of value in the face
of rising prices, but now the precious metal's luster seems to be fading. gold
price has down more than 20% since September, what's going on? and why now?
is gold still a safe heaven? economic growth numbers out of china are rising
enough for investor to worry. slow in the growth of the world's second
largest economy will mean lower the demand for precious metals, with industrial
users, like gold, but someone are buying it.
- a lot of people are taking them as evidence the world is slowing, no
inflation, commdities are dead, get out of gold, that is not the deal, this is
real desperation on the part of west, they set off some sort of panic, so no one
would ever go near gold again.
the move out of gold would suit many central banks just fine, because lower
gold imply higher confidence in the monetary policy, right now, it could be sumed
up in two words -- friend, money. that confidence may push investor away form gold
and into stocks, which are now trading near all-time highs, but it can't last
forever, all that extra money in the financial system could fuel inflation and
would make gold attractive again as a safe hedge against rising prices.
--my suspision is as gold is looking for a bottom, is this might or next, you
are likely to see a gold resilient trend in coming years. |
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