Loading ...Where IS the money going? Looks like it’s into cash. I think a one-year CD yields almost 4%. I’m not sure this is a great entry point as bonds are selling off pretty quickly, not really showing any signs of slowing down. 10 yr. now 3.80%
I really wish I could do this all over again. Gold has never been a good hold during market turmoil, the shares just outperform to the downside. We just breached $1650 and buying came into support, but for how long? (answer: about 10 minutes. Now we’re in big trouble.
I should have taken action when the Bond King Jeff Gundlach said gold was overvalued at $1900.
I checked my gold dealer and he has a lot in stock of everything. Looks like more people are selling their phyzz. At least silver eagles are getting $25 ea.