Paul Tudor Jones is sounding the alarm for the U.S. and global economies. The billionaire is looking at gold as the safe-haven play. In an interview with Bloomberg News, Paul said that his favorite trade in the next 12 to 24 months is gold. He added that if the price […]
Tag: safe haven
Focus On The Gold Mining Stocks
“Gold’s safety component has been nullified since April. Investors have preferred holding cash over bullion while emerging market assets continue to be liquidated. Today we’ll look at the latest factors which point to a continued choppy, directionless market condition for gold in the immediate term. We’ll also discuss the immediate […]
Scotia Mocatta Metal Matters
Featured quotes from the report: Gold continues to not attract safe-haven interest, even though parts of the global financial system are stressed. International investors see the US as the go-to destination for safe investments. – Lingering uncertainty as to the fallout from US trade disputes. – The rise in distress […]
So Close, Yet So Far | Cliff Droke Seeking Alpha
From Cliff Drove at Seeking Alpha: “It should also be noted that while the U.S. dollar index (DXY, below) remains below its 50-day moving average. It’s still close enough to the 50-day MA that a recovery back above it could quickly be made. Thus, it may be necessary for the […]