Risks In The Global Financial System Are Now Substantial
Remember Gold?
Andrew Adams from Raymond James: “Gold has received a lot of attention lately, as it has finally done something after about seven years of drifting sideways. I wouldn’t want to chase it here, but it does look like an inflection point has been reached where dips are for buying. The metal has put in higher lows since late 2015 and if it does drop down closer to $1375-$1400 I think it would be worth taking a chance on. (See chart below).
Pullbacks In Gold Are Now Buying Opportunities
Weaker Dollar Helping Commodity Prices Too
Andrew Adams from Raymond James continues: “President Trump seems to be getting his wish for a weaker U.S. dollar, as the U.S. Dollar Index has fallen over the last week to break the uptrend that had been in place since last year. This is helping commodities like Gold and Oil priced in dollars...
- Source, King World News, Read More Here
