Hi Travis and my Irregular Friends,
I was just wondering your thoughts on how the price of gold is acting during this downturn.
I understand interest rates affect on gold but inflation should help especially if the dollar looses its luster a bit.
I just don’t see gold being seen as a safe haven this time around as the markets seem to be in a free fall and gold is somewhat flat.
Maybe investors are just waiting to put there money into some big names that were overvalued?
I expected gold to at least pop a little during this volatile market. What are your thoughts?
Thanks in advance for any responses. JB
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