Here’s Why You Should Buy Gold Ahead of These Whacko Elections
The U.S is facing significant challenges from political and economic uncertainty, and investors can bet on gold to hedge against these risks.
The U.S is facing significant challenges from political and economic uncertainty, and investors can bet on gold to hedge against these risks.
UBS expects the spot price of gold to reclaim $2,000 by the year’s end. That has major implications for the U.S. stock market.
Thornburg Investment Management is going against the Federal Reserve’s recommendation by accumulating cash amid the stock market stagnation.
Yale economist Stephen Roach has predicted a U.S. dollar crash by the end of 2021, joining a growing number of other analysts.
Gold has been a top-performing asset this year but has plunged in recent days thanks to three key events that may lead to more downside.
Ray Dalio has warned that the U.S. dollar’s status as the global reserve currency is in danger, something that could benefit gold.
The U.S. dollar index has declined more than 6% since June 30, as investors remain bearish. For gold investors, that good news.
Strategists have expressed skepticism towards the Fed’s new inflation-targeting policy and its potential effect on the U.S. dollar.
The Dow Jones rallied to close the week, as investors ignored mass corporate layoffs in favor of a weaker U.S. dollar.
The Dow Jones Industrial Average opened at more than six-month highs, as Fed intervention spurs another rally in equities.