Market Talk – May 3, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai closed Hang Seng increased 268.79 points or 1.48% to 18,475.92 ASX 200 increased 42.00 [...]
QUESTION: Mr. Armstrong; does this new report cover how gold responded in World War I and II and civil unrest so you know what to expect with each type of event?
Thanks
KE
ANSWER: Yes. But you have to also keep in mind that it is a function of also where you are on the game board. A country being invaded seeing its currency devastated so gold soars. The place to which capital flees does not see a gold rally, but often a decline. How gold responds is important to understand and this report will help you determine what to do depending upon where you are.