Erroneous take. Gold is more highly correlatedto real interest rates instead of inflation. Too many people subscribe to this wrong view. Just take the historical chart for real interest rates and flip it, and compare it to historical gold prices. It's almost a mirror image.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Meet0·2022-08-18You just make things clear, gold is not always a good choice.LikeReport
- AaronJe·2022-08-18As you said, so many people have the wrong view.LikeReport
- extractoi·2022-08-18I never regret investing in GOLDLikeReport