Is Bullish Gold Trade Too Obvious? | Markets in 3 Minutes

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Anna Edwards, Kriti Gupta, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
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  3. Guy Johnson
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  5. Mark Cudmore
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Комментарии
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Gold barely gets any media attention. There are no gold commercials on sports games, no big celebrities are pushing it. Its still not cool to own. When you see this, thats what a top looks like which is what bitcoin is experiencing having gone through that phase.

JonsCardVault
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Bitcoin only looks like gold . But it's not gold. Only gold is gold. No metal can be world currency.

Haardik.Bansal--
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It's all carry trade. Hedge funds borrowing yen to short treasuries and long everything (gold, Stocks). Fed rate cuts will do a massive unwind, specially if BOJ needs to another unanticipated rate increase

b
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Obvious means it’ll work…, for a while.

rolandnelson