Gwen discusses the reasons why the gold bear market has ended and how it is different from what most investors anticipated. Global currencies are in a race to the bottom as countries compete for trade, and central banks continue to cut interest rates.
Today’s investors are uncertain, and they are looking for a new “safe haven,” and that is likely to be gold. Bond markets are in an extraordinary place today, as low-risk money can no longer find returns. This paradigm shift has resulted in a lot of this money seeking gains from stock markets. However, risks are rising, and a recession may be looming. Gold is standing out in this environment.
