Why Gold Can Still Go Down
Contrary to popular opinion, gold may not yet have become the last, safest asset on Earth. Investors may have simply been speculating on the price of gold moving up. For some, it may have been an inflation hedge, but according to the …. In a real market crash, I would not be at all surprised to see gold get hammered by $100 or more in one day on panic selling. As I mentioned in the post today, gold is still in the up trend long-term, but it seems to me that gold’s …
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