Gold Eyes Worst Month Against Oil Since 1973; Mining Stocks Drop Most Since 2008(finance.yahoo.com)

4 pointsby TMWNN4 bulan yang lalu2 comments

finance.yahoo.com

Gold Eyes Worst Month Against Oil Since 1973; Mining Stocks Drop Most Since 2008

https://finance.yahoo.com/markets/commodities/articles/gold-eyes-worst-month-against-193110100.html

2 comments

raziel27014 bulan yang lalu

From what I've read, gold was being bought as trust in the dollar was falling and also as a hedge against inflation. I haven't seen anything in the world recently that convinces me that inflation is going down and that trust in the US govt is recovering.

So I am confused as to why the precious metals have sold off so aggressively. I see there's a private credit problem going on too, wonder if they're related and part of the sell off is due to investors being forced to sell what they can (gold) as opposed to what they want to sell (private credit investments)

TMWNN4 bulan yang lalu

Edited by me from "Gold Eyes Worst Month Against Oil Since 1973; Mining Stocks Slump Most Since 2008"