Why Gold Looks Like the Big Winner
In today’s environment of fiscal erosion, rising yields and mounting geopolitical risk, Gold is once again asserting itself as the world’s most trusted store of value.
With the U.S credit rating downgrade, on-going global trade tariffs, unpredictability of interest rates from the Fed and elevated geopolitical risk, one thing is clear: Uncertainty is here to stay.
As GSC’s Head of Trading, Phil Carr, put it: “When risk rises, Gold rises faster.”
Today’s macro environment is presenting savvy traders with opportunity on top of opportunity. That’s exactly why a long list of the world’s most powerful Wall Street banks are calling this moment in financial history “The Golden Age of Trading.”
And in every Golden Age – Gold itself always tends to outperform! With America’s fiscal credibility now under pressure and confidence cracking across asset classes, Gold is once again returning to the forefront. If this cycle plays out like the last, then the world’s favourite precious metal could be on the verge of a parabolic breakout.
