Gold Prices Rising As “World Has Never Been More Uncertain”

Summary:
Gold prices rising & up 6.6% YTD Signal “impending market volatility” World has never been more uncertain (see chart) Fear in Wall Street versus Fear in Washington Price of ‘plunge protection’ rising even as VIX remains low Smart money diversifying into gold Important to watch rising gold and rising bond yields  Gold may prove the “tell” Uncertainty Is At Record Highs 1990 - 2016 - Click to enlarge Bloomberg have done an excellent article replete with five must see charts including gold charts that suggest that we are on the verge of significant market volatility and turmoil. From Bloomberg: “A former TV star as U.S. president doesn’t seem to have injected markets with much of a ‘‘fear factor.’’ But digging beneath the surface of an eight-year bull run exposes subtle signs that hint at an uneasy optimism. Global Economic Policy Uncertainty Index and CBOE VIX 1997 - 2017 - Click to enlarge The Dow Jones Industrial Average has sailed past 20,000 and the S&P 500 is nearing its life-time high set in January, indicating that investors have so far shrugged off the uncertainty brought by the new administration.

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Mark O'Byrne considers the following as important: Daily Market Update, Featured, GoldCore, newslettersent

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