Gold: Ready To Rumble

Gold: Ready To Rumble


The upcoming US election is adding uncertainty to an economy already reeling from damage triggered by the coronavirus pandemic.

Unemployment remains high, businesses are closing and layoffs continue.

Debt is increasing around the world as governments print more money to attempt to stimulate their economies.With every piece of currency printed, each dollar is worth less. All of which is bullish for gold, silver and other precious metals. Looking for a portfolio of ideas like this one? Members of Mean Reversion Trading get exclusive access to our model portfolio. Get started today » Fundamentals Gold represents today a major economic indicator in several ways: as a commodity, as a safe haven, and since March as a currency. Gold came down from the $2089 high, which showed that the market was anticipating the damage caused back in March by the pandemic. Therefore, there was a $600 premium per ounce in gold. In […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet