very nice time to long the gold
Given the poor performance of the U.S. economy, high inflation, and recession expectations, it can be predicted that the U.S. economy will face high uncertainty. Now the U.S. government has few tools to deal with this economic crisis. Raising interest rates to suppress inflation, in fact, the US government has not played a big role in raising interest rates this year. If it continues to increase interest rate hikes, it should still be the same result, and it will have no effect. But raising interest rates too fast, too big, and too fast will cause the U.S. economy to quickly fall into recession. At that time, it will be doomed, and it will be impossible to extricate itself into deflation, which is the most hated and helpless by all governments. In a deflationary environment, gold can also be regarded as a relatively reliable safe haven, so it may be a better choice to go long gold now. Gold has a characteristic, that is, in the United States, no matter what time of year and what economic environment, one ounce of gold can buy a decent suit, but now in the American market, one ounce of gold can no longer be satisfied, so now the gold The value is already very undervalued, so it is a very good time to choose to go long
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