'Gold is usually seen as a safe haven when stocks are falling or when inflation is rising. Neither of those two things are happening right now.'|
Editor's note: Occasionally, we come across ideas that we simply have to forward to you. This one comes courtesy of our friends at Fat Tail Media. |
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Dear Reader, Five years after Shae Russell said there was a new gold bull market, the gold price reached new all-time highs. It’s in the news, but it still has the mainstream flummoxed. See this from CBS: ‘The price of gold surged to an all-time high on Monday. Some experts pointed to the worsening of U.S.-China trade and political tensions. Others cited growing investor concerns that an economic recovery from the coronavirus pandemic might be weakening in the U.S. and elsewhere. ‘But the jump in gold prices is highly unusual because stock prices have also surged recently after dropping in early March as coronavirus began to spread in the U.S. ‘Gold is usually seen as a safe haven when stocks are falling or when inflation is rising. Neither of those two things are happening right now.’ So, what is happening right now? Here’s all you need to know, including what’s likely next for gold stocks. Cheers, James Woodburn,
Publisher, Fat Tail Media |
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