Start of 2018, I had picked out Gold as the asset class of the year. Then Had a choice between Gold, Equities, OIL and then booming BTC to pick from. While Gold hasnt delivered it has emerged as the best performing asset class of 2018.
Coming to 2019- it looks like Gold is in a larger consolidation theme, ranging back to 2013 onwards. There seems to be not much of ...
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in ...
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in ...
1. we are only entering a correction phase when equity price /value of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in ...
1. we are only entering a correction phase when equity price / vaue of an asset depreciates and classic economic theory suggests that Gold is appreciated when asset prices starts to weaken.
But the performance of metals (especially, Gold ) was not at par with the rate of Asset depreciation.
Plus, in my view, we may see crypto assets which may take a charge in ...
Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a flat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
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