GOLD TO 155-150
The latest escalation in Ukraine raised doubts over the potential for a diplomatic resolution to the ongoing crisis. THUS the flight to safety in most commodities plays. An environment where real rates are rising and the Fed is tightening policy does provide a negative backdrop for gold .
Once Russia vs Ukraine subsides risk on EQUTIY : (45%)
BUT AT ANY GIVING TIME RUSSIA FULLY INVADE UKRAINE WE MAY SEE A VAST REACTION UPWARDS !
AS PER UBS " Expectations for higher interest rates tend to push yields of assets such as U.S. Treasurys higher, potentially lowering the attractiveness of a non-yielding asset such as gold ."
PLEASE LIKE AND COMMENT AND CRITICIZE THE IDEA !
Once Russia vs Ukraine subsides risk on EQUTIY : (45%)
BUT AT ANY GIVING TIME RUSSIA FULLY INVADE UKRAINE WE MAY SEE A VAST REACTION UPWARDS !
AS PER UBS " Expectations for higher interest rates tend to push yields of assets such as U.S. Treasurys higher, potentially lowering the attractiveness of a non-yielding asset such as gold ."
PLEASE LIKE AND COMMENT AND CRITICIZE THE IDEA !
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