RE: Unusual Options Activity In SPDR Gold Shares ETF ,GLD
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Gold fares well with uncertainty and there is a lot of it in the markets. Equities are looking at a few potential threats including how all this will affect earnings of companies. We still do not know, now will we know for a while, how badly supply chains are affected.
In response to that, people look for safe havens. Gold is a fine hedge in these times.
I would expect a run in gold to keep going.
Posted via Steemleo
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Gold is forever. I totally agree with your assessment. Spot on.
And silver as well as real commodities.
Posted via neoxian.city | The City of Neoxian
Yes, I think silver will outperform gold in time.
Posted via Steemleo
I wouldn't be surprised. Silver needs to catch up. Just got a little on trade. So I'm happy.
Just wait. And the price took a huge hit today for steem.
Posted via neoxian.city | The City of Neoxian
Some are staying gold will exceed $2000...I think $2000 is definitely in the cards, but I'm shock that Bitcoin hasn't gone up in recent days as well.
Posted via Steemleo