Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider - KITCO
Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider - KITCO
Source: KITCO
―
DW NOTE
MarketGauge wants to frame gold's rally as a confidence crisis while pitching silver as the better trade. Gold is up 4.9% this week — to $4,301 — because the Strait of Hormuz has been closed for four months and the Fed is holding rates 150 basis points above inflation. That's not psychology. That's arithmetic.