The 3 Reasons To BUY Gold

 Now lets look at the gold price...
The sentiment on Gold is very bearish
but despite that

There is a lot of accumulation
happening in the futures markets

This could be that investors are expecting
rapid high inflation

Because of the drop interest rates.This could make
banks print more US Dollars to inflate
there economies

This inflation will give power to the dollar but
unfortunately the buying power
of the poor and middle class will be affected.

Gold is very good for preserving your buying
power in an economy that is heavily dependent
on currencies,

3 Reasons To Buy Gold GC1! :

-It will store your value
-It will protect you against inflation
-It will store your buying power

The Central Bank of Canada last week cut
its interest rates to more than 50 Basis points

If this is not a sign of inflation or a recession
then I dont know what is.

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Disclaimer: Trading is risky
please learn risk management and profit
taking strategies.

Because you will lose money
wether you like it or not

 

 

 

The 3 Reasons To BUY Gold by lubosi on TradingView.com