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Safe Havens, U.S. Rates and Physical Demand: Gold Myths Busted

From bloombergquint.com

In a year when investors have been caught off guard by everything from emerging-market woes and the dollar’s tailwind to a brewing trade war, gold has been a conspicuous head-scratcher. Why, investors ask, has the yellow metal tumbled as economic and geopolitical risks pile up? Whether you blame it on ideology or the wretched complexity of global finance, the rules of thumb that govern gold investing are wide of the mark all-too-often. Busting five bullion myths right now could be key to understanding the current slide. Myth 1: U.S. rates drive gold The received wisdom is that when inflation-adjusted yields rise, ... (full story)

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  • Category: Fundamental Analysis