Stock Selloffs Great for Gold

Posted by on January 12th 2018 in Uncategorized | Be the first to comment!

The stock markets have rocketed higher since Trump’s election win on hopes for big corporate tax cuts. This extreme rally has left stocks exceedingly overvalued and overbought today. A major selloff is long overdue and likely imminent. When stocks inevitably roll over and mean revert lower to rebalance away euphoric sentiment, gold is the main beneficiary. Gold investment demand soars when stocks materially slide. …read more

Source:: GoldSeek

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