Gold prices have dropped nearly 6% from their late October peak of $2,790 to $2,630. Last week marked gold’s steepest weekly decline in over three years, as market jitters over President Donald Trump’s tariff policies potentially stoking inflation could prompt the Federal Reserve to ease its rate-cutting pace. Gold rebounded on Monday, snapping a six-day losing streak, driven by a pause in the dollar’s rise and renewed safe-haven dem...
15
4
6
Report
10baggerbamm
:
if you are a gold bug and believe that gold will hit 2800 2900-3000 then you need to give serious consideration to the leveraged ETF NUGT. it has just built a base it is in the upward trend it sold off from over 60 to $37 it's back up to 41 right now as a result of gold being up 2 days in a row now that we have escalating tensions with Ukraine and Russia gold is back in favor.. we all know gold never vanishes it never goes away for any extended period of time frame.. that being said if you believe that gold will continue to appreciate then this ETF offers you the greatest upside potential return of any other gold related investment.
EZ_money
:
mining companies always lag after gold because they yet to have reported production and profits. same as silver. always starts with gold and then money will shift to other related assets
Citigroup’s Aakash Doshi expects gold’s rise will slow pending the Fed pushing ahead with the tapering timeline. FxEmpire forecasts the possibility of gold hitting $1,900 but expects it to be largely a product of momentum, and could be a long ways away . Kitco News still considers gold an especially cheap inflation hedge — especially compared to cryptocurrencies. But it warns any potential bling-buyers to watch out for a drop below $1,835 an ounce, which could indicate an end to the rally. Brokerage company Zaner remains cautious on gold despite some admittedly positive markers: “The bias is up, but gold and silver have exhibited significant chop since the beginning of the year and reversing the downtrend has been difficult.” Australian bank ANZ feels gold is quite stable at its current level. With low interest rates and expected inflationary pressure, ANZ believes gold should be able to hang around at its elevated price level. $Harmony Gold Mining (HMY.US)$$Gold Fields (GFI.US)$$XAU/USD (XAUUSD.CFD)$$New Gold (NGD.US)$
10baggerbamm : if you are a gold bug and believe that gold will hit 2800 2900-3000 then you need to give serious consideration to the leveraged ETF NUGT. it has just built a base it is in the upward trend it sold off from over 60 to $37 it's back up to 41 right now as a result of gold being up 2 days in a row now that we have escalating tensions with Ukraine and Russia gold is back in favor.. we all know gold never vanishes it never goes away for any extended period of time frame.. that being said if you believe that gold will continue to appreciate then this ETF offers you the greatest upside potential return of any other gold related investment.
102188459 : Tq
MoiseWalumba : Good
Dafa193 : Thank you for sharing.