War feeds gold prices

Gold ticked down, pressured by strength in the US dollar and the prospect of less monetary easing as the war on Iran sent oil prices soaring. Bullion fell as much as 1.3%, erasing earlier gains. The dollar continued its climb, weighing on gold and other precious metals, which are priced in that currency on international markets. Lower US jobless claims in ...

We are totally destroying the terrorist regime of Iran, militarily, economically, and otherwise, yet, if you read the Failing New York Times, you would incorrectly think that we are not winning. Iran’s Navy is gone, their Air Force is no longer, missiles, drones and everything else are being decimated, and their leaders have been wiped from the face of the earth. We have unparalleled firepower, unlimited ammunition, and plenty of time - Watch what happens to these deranged scumbags today. They’ve been killing innocent people all over the world for 47 years, and now I, as the 47th President of the United States of America, am killing them. What a great honor it is to do so! Thank you for your attention to this matter. President DONALD J. TRUMP

Yet once again, in the first phase of this crisis, the US dollar is the asset that money is rushing into, not gold. In this video, we unpack why the dollar wins first and why gold often wins last. In this deep dive, we look at: Why global investors still treat the US dollar and Treasuries as the immediate safe haven How the sheer liquidity of the dollar and ...