HUGE Gold News from China! Something SHOCKING & MASSIVE Is Happening - Vince Lanci

Описание к видео HUGE Gold News from China! Something SHOCKING & MASSIVE Is Happening - Vince Lanci

Gold prices surged to an all-time high last week, breaching the $2,400 mark, showcasing its resilience as a safe-haven asset amidst global uncertainties. However, the euphoria was short-lived, as events in the Middle East towards the week's end triggered a widespread sell-off across financial markets, casting doubts on gold's reliability in times of geopolitical tensions. Despite the turbulence, gold has been on an impressive ascent since the start of 2024, boasting a remarkable 15% increase.

Nevertheless, the market's stability was disrupted by two successive events. First, a disappointing US inflation report sent shockwaves through the market, followed swiftly by escalating tensions in the Middle East. This led to a sharp $100 drop in gold's value within a single trading session. Understandably, this sudden wave of sell-offs left investors pondering whether gold's growth trajectory would persist throughout 2024. Renowned analyst Vince Lanci sheds light on the behavior of the options market, which diverged from gold's rally.

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Credit: Arcadia Economics
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