With China and USA closing each other consulates, uncertainty in the market is once again on the raise over speculation on direct conflict between the two giants.
Gold is very likely to gain even more in this atmosphere. Can easily reach 1920 in the next couple of days.
Im guessing the conflict is going to drive up demand for USD to some extent as well. But considering how much the feds have been printing dollars lately, it might push the buyers towards gold instead. In that case we are going to see a wild run up on gold.
Gold is very likely to gain even more in this atmosphere. Can easily reach 1920 in the next couple of days.
Im guessing the conflict is going to drive up demand for USD to some extent as well. But considering how much the feds have been printing dollars lately, it might push the buyers towards gold instead. In that case we are going to see a wild run up on gold.
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