just a snapshot.
Interesting to see how differently Gold reacts to FED policies.
At the end of 2015 FED started hiking ( Gold in 2016: https://www.kitco.com/commentaries/2017-...)
In 2019 FED made three cuts.
But in both occasions Gold always made a run. This is because Gold react on the impact that FED policies have on the economy and especially as an INSURANCE POLICY vs impact of rising tensions between US and China.
Whilst rates hike were seen as negative or dangerous for the economy in 2016, now rate cuts are seen as a positive boosting factors for the economy.
But if this is correct, why is Gold not dropping yet?
Maybe waiting for the US-China Phase One Deal to be signed in mid Jan'20?
For additional infos about Gold please refer to the related ideas linked at the end of this post.
If you have any questions or comment to add please do not hesitate to post it.
Thank you for your support and for sharing your ideas.
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