During a time of volatility traders and investors alike are looking for a safe spot to stash cash, especially in a low interest rate environment and when equities are trading lower. That is exactly why people get interested in gold. Some argue this would be a bad buy because gold’s price has grown too much too fast but considering the current market I believe it has more room to run. Personally, I like trading options on the gold etf, GLD, or just buying the ETF outright.
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