Loading ...Here we go again. After a couple of big trading sessions, gold – for the sixth time in five years – is approaching the $1,350-ish level that has, each previous time, stopped it cold.
It looks like fundamentals, including the Fed’s capitulation to choppy stock markets and trade-war related economic uncertainties, aretrumping gold’s usual seasonality (strong in spring, weak in summer) at the moment. And those issues aren’t abating: Recent headlines paint a picture of an increasingly scary world: