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AAAU - Campbell: Gold Will Do Well When Trade Talks Go South
Goldman Sachs Physical Gold ETF
The biggest risk to the global economy and the international financial system is liquidity emanating out of China, Black Snow Capital founder Alexander Campbell told Real Vision’s Trade Ideas.
According to Campbell, the event that leads to a liquidity crisis isn't something you immediately see, but if you look at the performance of gold or gold and China, that's the relief valve.
“When things don't look good or trade talks start to go south, the logic of the market is telling you that is a position which will do well,” he said.