During the meltdown or correction this on global equity markets, Gold did not react at all as opposed to prior corrections. You know why: Gold has lost its appeal. There is probably more Gold inside our planet than previously anticipated (similar to oil). As soon as Cryptos and Bitcoin become accessible to institutionals (see my prior ETF post), a new true store of value will be found. I do not buy any Gold or gold mine equities, but Do Your Own Research (DYOR). I do not see Gold ever coming back into a mega hype. It will maintain its value at best before becoming an industrial commodity like copper.
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