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New Bond King: How can the US stock market not fall? Gold prices will reach 4000 dollars.
Jeffrey Gundlach stated that the rising unemployment rate and the inverted yield curve both indicate that the USA economy is heading into a recession, predicting that the S&P 500 Index may fall to around 4600 points. Investors are in a mid-term risk-averse market, and due to concerns over geopolitical turmoil, tariffs, and existing massive debt, Gold could rise to 4000 dollars.
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SPDR Gold ETF | 10-Q: Quarterly report
EZ_money : instead of comparing ETFs which are just another man made asset, let's compare market caps. when BTC nears gold then you can compare. until then, it's nothing like gold the real hedge against the dollar.b