Captain_Walker

The danger with GOLD

Education
FX_IDC:XAUUSD   Gold Spot / U.S. Dollar
A few weeks ago, 'everybody' was saying Gold to hit $5000 in short time. I too got caught up in this. Well, I changed my mind. It may get there but I do not now believe it's gonna get to $5000 soon.

Have a look at the chart and note disclaimers.

FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus https://youtu.be/NjTdvALChwk ]