SteveTan

Again gold will rise when market "crash"? Let check 2008 crisis!

TVC:GOLD   CFDs on Gold (US$ / OZ)
Correlation : DJIA chart overlaid to Gold ....You would notice that most of time in year 2008 Gold & DJIA were moving in same direction!

Again gold will rise when market "crash"?! ...you were wrong! Gold only rise when "banking" system "collapse"! So..when & Why "banking" system collapse!? Answer : When lot of lot people losing jobs and cant pay the mortgage loan! and it getting worst .. it will most likely happen year end of 2020! The collapse of some America financial institute!!! again like 2008....(#Gold rises ONLY when there is uncertainty about government or the banking industry. It will not keep pace with inflation and its fate is tied to the commodity sector. Some people will send hate mail over that simply because they WANT to believe something else...#Gold WILL RISE along with stocks and commodities against whatever is money. The “safe have” will return ONLY when the public questions the survivability of banks and government — not fiat and inflation. If you disagree, then keep buying for the wrong reason just as the Japanese did for more than 20 years. This is the outcome we face, so stop the nonsense. Gold cannot possibly react as it did between 1929 and 1932 against everything else because it is not MONEY, nor the unit of account or the medium of exchange. So get over it. It will be time to buy gold for the right reason — not for fiat or this hatred of the dollar. That is like blaming your wife because you got into an accident driving to work. Get on point if you want to survive this game. This is the real world, not fiction. If you create a theory, it better work every time or it is just propaganda) bracketed paragraph credit to Amstrong Economics..
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