Gold's Position as a Safe-Haven During a Crisis
Direct from the desk of Dane Williams,
This is not your average forex broker blog.
XAU/USD Daily:
Last night was Gold and Silver's turn to be trounced.
Look how far from pre-coronavirus highs that gold now sits.
After this week's big drop in Bitcoin, the number of times I've seen "so much for being a store of value, blah blah blah," even from quite respected financial journalists.
But as Gold markets have shown throughout the Coronavirus debacle, being a safe-haven store of value doesn't necessarily mean that price won't fall.
It means that they will hopefully fall less, while also acting as an accessible source of liquidity to fund losses elsewhere.
Stock market relief rally or not, this thing is far from over.
The global economic pain has barely begun.
Best of probabilities to you,
Dane.
@forexbrokr | Steemit Blog
Market Analyst and Forex Broker.
Twitter: @forexbrokr
But the end of all things has drawn near. Therefore be sober-minded and be sober unto prayers.(1 Peter 4:7)
Question from the Bible, Who can lead me to heaven?
Watch the Video below to know the Answer...
(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)
Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to Thank you, our beloved friend.
Check our Discord Chat
Join our Official Community: https://steemit.com/created/hive-182074
What you are doing is damaging to Steem.