We might see a low in #gold in June.
If tension escalate regarding war, watch that to start moving higher and break the ATH which failed a few times before.
Gold is about uncertainty.
We might see a low in #gold in June.
If tension escalate regarding war, watch that to start moving higher and break the ATH which failed a few times before.
Gold is about uncertainty.
Gold has been dropping big-time the last few days. Silver, too. It sucks, but that's where things stand these days. We'll see where they are in September when the seasons change.
I am watching the war tensions. If that escalates, we could see gold picked up. If somehow they avert it, gold will struggle.
I wouldnt bet on them de-escalating. Seems the neocons want to go to war again.
War or no war, I expect things to stay crazy until at least 2025++. We're so focused on UA & TW that we forget about other flashpoints (especially between neighboring nuclear powers IN & PK). Then there are the "green" uses of silver.
Yeah there are other things in the world. But the West seems intent on going after Russia and ultimately China. The others are there but this is all forming to get the two superpowers to go at it.
During Cold War, USA & USSR treated each other cautiously & made sure USSR & PRC didn't team up. 2day, not only does USA feel "need" 2do regime change 2 a nation that's a shadow of USSR, it also drove RU & CN 2gether. USA has a death wish.
I hope it going down , my wife is keeping asking me to buy real #gold .
I would say we have tensions that could send it on a run. If the neocons keep pushing for major war, that will be a move towards safety. Of course, once it ends, the reverse will happen, something the used car salespeople need admit.
Agree with you . Thanks for the fundamental information making the gold price look predicted so we can take opportunity of it .