As the world descends into further uncertainty amid a resurgence of coronavirus cases, investors appear to increasingly be turning to precious metals as a means to help diversify their portfolios against another potential crash in equity markets
Recently the IMF predicted that the situation is now worse than reported – “unlike anything the world has seen before.” and named it: “The Great Lockdown.”
In the stock market’s four worst bear markets, ones that included a major second leg down, the gold price has risen every time.
Could it happen again?
At the end of a long, tiring day, we may choose to treat ourselves to a soothing bubble bath. Surrounded by steaming water and a froth of sweet-smelling bubbles, it’s easy to forget the cares of everyday life. This fact is equally true of economic bubbles.
The Precious Metals Week in Review – July 14, 2017 – Precious Metals International