Implications for Gold – 2007-9 Great Recession vs. 2020 Coronavirus Crisis

From sunshineprofits.com

If you thought that the Great Recession was a disaster, you might want to change your mind soon, as the coronavirus crisis is much broader and deeper. In today's article, we'll compare the Global Financial Crisis from 2007-2008 with the current crisis. Let's find out what it implies for the gold market. When the economic crisis hits, the first instinct is to analyze the previous catastrophes to learn what to expect from and how to handle the current calamity. So, not surprisingly, many analysts have already pointed to the 2008 global financial crisis (GFC) as the most relevant example. However, is really the current ... (full story)