- Switzer Report - https://switzersuperreport.com.au -

Dump gold, buy stocks

Why is gold losing friends? It can’t be oversupply, so it has to be a belief that market smarties are backing in a trade deal or at least no escalation of the tit-for-tat tariff tussle between President Trump and Beijing. This is the five-day move in the gold price and it clearly reinforces my point.

To be honest, I’m no gold expert because the commodity doesn’t play fair or more correctly, I can’t pick where it might go.