Some volatility this week due to all tariff threats to the right and left, no drama, the VIX touched 20 and the markets responded negatively to the tariffs and the possible inflationary effects. There are many uncertainties and the administration in US uses management by fear. That is not always good for the stockmarket. To be like a crazy battle hawk does not indicate longterm stability.
However Gold and Silver like these circumstances. Centralbanks keep buying Gold. Poland, Russia and China is buildning on their stockpiles. India increases their reserves and also add 5% on the jewelry demand side. The inflow to Goldrelated ETF´s increases too. Recent Goldbuying by centralbanks
The Gold and Silver Miners are boosting revenues and profits!
Anglo Gold Ashanti AU and they are not the only Miner making loads of money with these Goldprices and when you look at their AISC for the Sukari Mine the stay around 1200 USD/Oz. With a goldprice nearing 3000? I rest my case!
The Sectors keep improving and we only see weakness in Real Estate Sector, Consumer Defensive, Communications Services and Basic Materials Sector. The last one is improving though and will soon be overall positive if this trend continues. The natural resources goes from forgotten to accepted this week. The commodities is the place to be invested. The stocks often pay substantial dividends.
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"If a stock price doesn´t move there is not enough emotions to make it move. My job as a trend follower is to find the prices that move." (Trader Sven)
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