The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Commodity Strategy
Summary: The recent, steep rally in gold prices has brought the yellow metal right up to a region of hard resistance. Is the current combination of trade war and slowing macro enough to push gold higher?