CNBC/Tyler Bailey
“[I]s this gold rush just a flash in the pan? Not according to the options market.”
USAGOLD note: Speculators are betting gold will jump higher in the short term, according to this CNBC article. The interesting part of this is what it represents in terms of market sentiment. Some think that gold’s upside is a flash in the pan. Others believe it represents the first stages of a major bull market. As always, we prefer owning physical gold coins and bullion for the long run – first and foremost as a safe haven store of value to weather uncertainties and sudden threats to asset values.
Repost from 1-7-2020
Photo courtesy of Bullion Star
