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Why gold is having its best year since 1979

From npr.org

Gold has broken yet another record this week, illustrating just how anxious investors are about the health of the U.S. economy. Cathy Harris was the chair of the Merit Systems Protection Board, an independent, quasi-judicial agency that hears personnel disputes brought by federal employees, until she was fired earlier this year by the Trump administration. This week, the price of gold hit $4,000 per ounce for the first time ever. That's the latest milestone in its massive ongoing rally, with prices rising more than 50% just this year. The precious metal is usually seen as a "safe haven" investment, especially ... (full story)

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  • Category: Fundamental Analysis