게시됨: 2020.12.04. Rick Ruhl: factors supporting gold in power
“I believe that we are now seeing a cyclical correction against the background of a long upward trend. Only speculators can worry about fluctuations in the price of gold. But if you invest in the yellow precious metal for the long term, then corrections in the gold market will not cause any concern. It is much more important to understand the general picture of what is happening. Then a short-term decline in the price of gold in a bull market will be considered a common occurrence, "- said the analyst. He named three main factors of support that should be paid attention to, namely: quantitative stimulus (QE) by central banks, artificially low interest rates, as well as the growth of debt burden around the world. Understanding these three factors will help you make the right decision when to invest in gold and when to refrain from it.