The flocking to gold investments such as SPDR Gold shares is warranted. We are facing an extremely challenging world. There is no end in sight to the global coronavirus pandemic. Furthermore, the tensions between the US and China are increasing. Therefore, investors have nowhere to hide.
In addition, the world is flooded with so much cheap money that investors are running out of assets to buy. Gold, the traditional “safe haven” in a time of crisis, seems to be the obvious choice.
But wait a minute, have you ever wondered if gold still plays the same traditional role as in the past? Even if it does, are you playing the game the right way? Who is the mastermind controlling the up and down movement of gold prices?
The gold rally is not surprising
The gold rally is hardly any surprise to me, it is just a reflection of the devaluation of the US dollar. In my