NewPower
2021-06-03

I am bullish with the gold at the moment since I am bearish with the US dollar after massive qualitative easing last year in response to the Covid-19 and with FED projecting that the interest rate with remain close to zero until at least the year 2024. I will only change my view on gold if the FED start tapering or start increasing the interest rate. In fact gold had breached its all time high last year and since then taken a breather. However it seem like it is moving again. I am only holding gold etf and cash at the moment in anticipation of the correction. Trade cautiously and be accountable with our own trade. Cheers!

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