Gold Long - Inflation & Overvalued Market? How we can see
Updated
US print 40% dollars in last 14 months indication of high inflation U.S house prices on 14 years high , if a consumers products like P&G rises the prices it means we need to ad more value. Gold was under pressure because liquidity pumped in bitcoin but when we hearing countries can ban it an other side US Stocks over valued and can see a correction (not sure about crash) , stock holder will join Gold again as their old trick of hedge.
\Many peoples compare Gold with Bonds but now we are running in bad economy where mostly business went to close but market is high.
We can estimate Gold in future can hit 1900 to 2200 might be 2500 too.
\Many peoples compare Gold with Bonds but now we are running in bad economy where mostly business went to close but market is high.
We can estimate Gold in future can hit 1900 to 2200 might be 2500 too.
Note
Gold cross 1800 and US results are not good , in future we can see it on 2000 to 2500
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