So much for gold being a hedge against uncertainty and having „intrinsic value“. It’s been trading like a shitcoin for the last two months.
BlueFox1978 on
Silver to the moooon
GreedVault on
slight pullback…….im still bullish on gold as long as trump is in office.
ardyes on
Gold and Silver do well in risk off environments. The ISM PMI has been over 50 for two months signaling economic expansion and a risk on environment. Crypto usually does well during economic expansion.
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So much for gold being a hedge against uncertainty and having „intrinsic value“. It’s been trading like a shitcoin for the last two months.
Silver to the moooon
slight pullback…….im still bullish on gold as long as trump is in office.
Gold and Silver do well in risk off environments. The ISM PMI has been over 50 for two months signaling economic expansion and a risk on environment. Crypto usually does well during economic expansion.