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Gold price rises from crisis

Gold Futures appeared to bottom out yesterday. It may need a few more days to confirm the bottom. Did you know that normally gold price rises from crises are not sustainable unless the crises are prolonged?


However situation appears different this year as gold price after the Iran attacks did not pullback to the price before the conflict. And as President Xi said… Prepare for a time of black swans and grey rhinos. When he said it I don’t think he expected a stampede

Gold Futures price from March 2019 to March 2020 showing crisis as driver of Gold price

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