Not likely. The pattern of gold price action is rather clear:
Market up: Gold down. Equities are where money can be made.
Market down: Gold down faster. Need to keep cash ready to buy the dip.
Everything is getting more expensive because the Fed won't stop quantitative easing and is holding interest rates below zero for years: Gold down. Too much money to be made in equities!
Fed raises interest rates because everything is getting more expensive: Gold down because the rate at which things are getting more expensive is going to eventually go down a bit: Gold down. You're going to have to PAY people to take this stuff pretty soon.
Russia invades Ukraine: Gold spikes up rapidly for a few days, then drops slowly to below where it started.
@[Liran Rosenfeld](user:143789) is definitely onto something. I keep reading about more and more companies that have announced they will let their employees work remotely.
I'm curious to know what some of you, including @[Joseph Cox](user:127658), @[Moon Kil Woong](user:5208), @[Gary Anderson](user:4798), and @[DRM](user:130312) about the major development supported by the White House and the CDC? They now say that there is NO NEED to test asymptomatic individuals who were in direct contact with people who are confirmed to be infected. Does this not seem insane to you?
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While The Dollar Rests, Is It Time For Gold To Rise And Shine?
Not likely. The pattern of gold price action is rather clear:
Market up: Gold down. Equities are where money can be made.
Market down: Gold down faster. Need to keep cash ready to buy the dip.
Everything is getting more expensive because the Fed won't stop quantitative easing and is holding interest rates below zero for years: Gold down. Too much money to be made in equities!
Fed raises interest rates because everything is getting more expensive: Gold down because the rate at which things are getting more expensive is going to eventually go down a bit: Gold down. You're going to have to PAY people to take this stuff pretty soon.
Russia invades Ukraine: Gold spikes up rapidly for a few days, then drops slowly to below where it started.
SHOP: This Leader Of The Future Is On Sale
Go ahead and buy.
SP500 & Nasdaq Trading Today - Elliott Wave Strategies, Corrective Rally Iv)?
We have further upside. Russell 2000 doesn't have much room left before the confirmation of the bottom on Jan 28 low was made.
Gold Prices Coil Up For Breakout. Will US Inflation Data Be The Trigger?
CPI should rally gold.
Is Coca-Cola's Stock Overvalued Or Undervalued?
$KO should be trading over 60 especially with that earnings report so yeah…. undervalued
Snapshots Of Global Wealth
Excellent, thanks.
4 Clean Energy Stocks Set To Outperform Says Evercore ISI
That's the point. Technical analysis has gone to sh*t. It's been nearly impossible to work on t/a, especially after the #gamestop saga
Using SEC Form 13F To Track Warren Buffett’s Trades
How often do you have webinars?
Will Covid Drive Companies To Relocate To All-Inclusive Tropical Locations? This Man Is Betting Yes.
@[Liran Rosenfeld](user:143789) is definitely onto something. I keep reading about more and more companies that have announced they will let their employees work remotely.
US Coronavirus Outlook
I'm curious to know what some of you, including @[Joseph Cox](user:127658), @[Moon Kil Woong](user:5208), @[Gary Anderson](user:4798), and @[DRM](user:130312) about the major development supported by the White House and the CDC? They now say that there is NO NEED to test asymptomatic individuals who were in direct contact with people who are confirmed to be infected. Does this not seem insane to you?
www.cnn.com/.../index.html