Since 2019 Gold has been rising with the equity markets. This has thrown my normal investing strategy off as I cannot grasp how the market is feeling. At least from the knowledge that has been passed down to me form investors within the family.
Within the purple box you can see how gold decreased as the overall equities market increased. But to follow with gold surging back up shortly. Was this purposely manipulated to convince retail investors to hop back into their favorite securities? With Gold and other commodities rising with the equities markets, another asset class, crypto currencies, have also been increasing.
I believe that there is false hope in the general equities markets. Gold looks to be a solid play. I do not believe that we will stick around these levels for very much longer and will see upwards of $2000 per ounce in the next 2 years.
Elections are months away and whenever "their" agenda is reached to get/keep who ever in office, things will become hectic again. We are still in the middle east and and I believe that Iran is still a U.S. target.
With that being said about Gold, keep in mind that we are entering a new era/decade where asteroid mining could become a thing.
Scarcity will be on your side as we move forward in the world as we know it. Food for thought.
Within the purple box you can see how gold decreased as the overall equities market increased. But to follow with gold surging back up shortly. Was this purposely manipulated to convince retail investors to hop back into their favorite securities? With Gold and other commodities rising with the equities markets, another asset class, crypto currencies, have also been increasing.
I believe that there is false hope in the general equities markets. Gold looks to be a solid play. I do not believe that we will stick around these levels for very much longer and will see upwards of $2000 per ounce in the next 2 years.
Elections are months away and whenever "their" agenda is reached to get/keep who ever in office, things will become hectic again. We are still in the middle east and and I believe that Iran is still a U.S. target.
With that being said about Gold, keep in mind that we are entering a new era/decade where asteroid mining could become a thing.
Scarcity will be on your side as we move forward in the world as we know it. Food for thought.
