Jul. 25 at 1:31 PM
$RGTI $QUBT $QBTS $IONQ
$GDX
In the past when market crashes (I am not calling for a crash. I am studying gold and I use gold to test my prediction model. What is a better testing environment than a choppy and uncertain market?), Gold will crash too along with the equity but gold will bounce back the fastest while others are still down. It is significant especially if the the bear market takes years to recover.
I started wondering if this will change since China banned paper gold. And from what I get from Ray Dalio's radio, there may be a lot big policy changes on gold coming in the near future.
Not going to comment on the political side of it, but as far as the economic side, it seems our government may give up and finally let the gold price go up. And China wins. Watch DXY.
