Gold FuturesLong
The 3 Reasons To BUY Gold
Now lets look at the gold price...
The sentiment on Gold is very bearish
but despite that
There is a lot of accumulation
happening in the futures markets
This could be that investors are expecting
rapid high inflation
Because of the drop interest rates.This could make
banks print more US Dollars to inflate
there economies
This inflation will give power to the dollar but
unfortunately the buying power
of the poor and middle class will be affected.
Gold is very good for preserving your buying
power in an economy that is heavily dependent
on currencies,
3 Reasons To Buy GoldGC1! :
-It will store your value
-It will protect you against inflation
-It will store your buying power
The Central Bank of Canada last week cut
its interest rates to more than 50 Basis points
If this is not a sign of inflation or a recession
then I dont know what is.
Rocket Boost This content to learn more.
Disclaimer: Trading is risky
please learn risk management and profit
taking strategies.
Because you will lose money
wether you like it or not
The sentiment on Gold is very bearish
but despite that
There is a lot of accumulation
happening in the futures markets
This could be that investors are expecting
rapid high inflation
Because of the drop interest rates.This could make
banks print more US Dollars to inflate
there economies
This inflation will give power to the dollar but
unfortunately the buying power
of the poor and middle class will be affected.
Gold is very good for preserving your buying
power in an economy that is heavily dependent
on currencies,
3 Reasons To Buy Gold
GC1! :-It will store your value
-It will protect you against inflation
-It will store your buying power
The Central Bank of Canada last week cut
its interest rates to more than 50 Basis points
If this is not a sign of inflation or a recession
then I dont know what is.
Rocket Boost This content to learn more.
Disclaimer: Trading is risky
please learn risk management and profit
taking strategies.
Because you will lose money
wether you like it or not
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.