Gold Surpasses $1,900. What’s Next?

From sunshineprofits.com

Gold surpassed $1,900 most recently – and it’s likely that the rally will continue for a while. Gold bulls have an opportunity to celebrate. As the chart below shows, the price of gold has been rising recently. And yesterday (May 26) it finally jumped above $1,900, which is an important psychological level. The question we should ask now is “what’s next?” Well, as the jokes go on, the price of gold will either go up or down. But in earnest, there are significant downside risks for the yellow metal. First of all, the Fed could overreact to rising inflation and increase real interest rates. However, these ... (full story)