Gold update – are you going to be in the Commodities Team? via /r/wallstreetbets #stocks #wallstreetbets #investing
Gold update – are you going to be in the Commodities Team?
Gold has been touted as a stagflationary asset, but gold has been falling steadily since March highs. The increasingly aggressive Fed rate hiking expectations and risk off trading has kept the USD bid. Furthermore, the push higher in yields since the start of the year pushed real yields higher too. If however, those are pushed lower, then it is worth being aware of gold’s seasonal strong run ahead. Commodities may find the way to your investor's heart, sooner than you believe!
Submitted July 05, 2022 at 11:20AM by Seasonax
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