Post
Topic
Board Economics
Merits 1 from 1 user
Will people come back to gold
by
LeGaulois
on 06/12/2018, 16:25:17 UTC
⭐ Merited by mikeywith (1)
With the current economy, the fears about the Brexit, Italy, the Sino-American problems and the general pessimism among investors; It looks like Gold is coming back the past months. At the same time, countries like the EU, Japan & China are reducing their investments in the economy,
(it should also reduce demand for the USD?)

Even the Central banks are buying more Gold (+13% from the previous year). Economists predict a dark year for 2019 and it seems a lot of large funds are now buying Gold massively. Especially from Asia and Soviets.