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STOCKS PARE LOSSES, TURN MIXED BUT RECESSION FEARS LINGER
Investors continue to fret over slower global growth, stubborn inflation and monetary tightening
iShares S&P/TSX Global Gold Index ETF (IUTCF)
Other OTC - Other OTC Delayed Price. Currency in USD
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107 reactions on $IUTCF conversation
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When inflation is running wild, real estate is through the roof, a possible war on the horizon and likely no interest rate hike.. Gold is where its at. Gold is just starting to pick up and it'll go much higher in the coming months if the macro economic issues persist.
Here is a summary of the past year: When market rallies, gold dumps. When market tanks, gold dumps. When market goes sideways, gold dumps. Brutal.
I bought the dip today at $17.15. Anybody else? Eventually gold needs to go up, right?
investing in gold is like taking a shot in the dark and hope you don't miss. Bond yield roared to new high, fear of inflation and US run out of paper and ink printing money and yet gold which inflation fighter goes down.
Markets goes down and gold goes down, markets go up and gold goes down!?!
Gold is up, but XGD is down? Huh?
Inflation keeps going up and real rates are at all time lows. Meanwhile precious metals keep going lower. I always get wrecked when I invest in commodities...
I remember when XGD was above $30. Still holding in the red after 5 years.
Gold must be the most manipulated market ever. Insane money printing and stimulus, runaway inflation, yet gold goes down? What gives?
This is going to explode higher in 2021. Mark my words. Mining industry is ready for another leg up.
One of these days gold has to go up to reflect massive money printing, right? I'm suprised its been going down for a year now.
Inflation rising in the world. I see $2000 gold.
here we go!!!
Gold rally coming! So much fear in the markets. :)
why the gold is down today, but XGD is up for3%?
Yahoo Finance Insights
XGD.TO is down 4.91% to 21.69
Bought more today (Oct 1). Eventually this hated sector goes up.
Feel like institutions are buying gold miners and gold etf. Once they buy majority of assets they will link up the price. That’s the game every time. Bloody hedge fund managers.
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XGD.TO reached a 52 Week high at 23.69
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