Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
History shows bull market in gold after rate hikes: boon or bane?
Views 563K Contents 68

gold gold gold.. ole ole ole😀

Is gold a buy or bye?
Looking back at the history, there’s been quite some occasions ( not 100%, though) where gold price increased right after interest cuts following a tightening cycle by Federal. While argument remains whether it’s indeed a correlation there, investing in gold at this juncture is a calculated risk that I’m willing to take for 2 reasons below:
1. There’s been a proven track record that gold price increases consistently in mid to long term.
2. Gold is particularly beneficial investment in times of economic hardship which investor would switch to during stock market plunge
While there’s no guarantee that gold price will soar this round, a moderate investment in gold can diversify a mixed portfolio and serve as a useful hedge against other investments.
Which tickers are worth watching/holding?
As to which tickers to be monitor, I would opt for gold ETF fund, ie. $GLD SPDR Gold Shares
gold gold gold.. ole ole ole😀
gold gold gold.. ole ole ole😀
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
1
6
+0
1
Translate
Report
9941 Views
Comment
Sign in to post a comment
45Followers
40Following
342Visitors
Follow