Gold acting like raw commodities
Gold is acting weird these days. As the usual safe haven, the gold market can’t hold in the marketplace this week, most likely due to the threats of an alleged global trade war.
It seems the outlook of less global commerce and trade in raw commodities if a trade war would break out is also effecting Gold and it is acting like other raw commodities instead of being the usual safe haven. This is strange because I expected the price would go up. Hoe wrong could I be in this.
For now it still seems like a good opportunity to accumulate the metal in this price range. Maybe it will even go lower further.
I myself did accumulate my gold holdings.
Enjoy!
PS,
For your information, I'm not a professional financial advisor and this is not investment advice, merely my own amateur observation of the market and indexes, it is important to do your own research.
Thank you for your continued support of SteemSilverGold
I agree. It is time to buy.
After the Reset of our U.S. Coinage, Gold and Silver will be Measured by "means" of Pocket Change... Feel free to check out my posts...
Gold as well as silver have been acting abnormally for years.
I appreciate your support, thank you. Upvoted