What’s going on? BlackRock thinks that gold might not protect investors that much. What does that mean? Gold is typically thought of as a hedge: protecting investors from inflation by rising alongside the prices of goods and services and stock market drops (given that investors usually buy gold in bear times). But BlackRock thinks there…
Tag: gold
Ep 71: Gold Ain’t Glittering
What’s Going On Here? Gold and silver just had one of their worst weeks since 2017 as investors sent the precious metals’ prices falling. What Does This Mean? Both Better-than-expected quarterly updates from big multinational companies Progress towards a tentative US-China trade deal (reducing import costs and therefore boost companies’ earnings and economic growth), appear to have encouraged…
with HT 