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AAAU - Corona Exter's Inverse Pyramid And The Coming Gold Spike
Goldman Sachs Physical Gold ETF
Originally published March 19, 2020
An analysis of the current volatility in the gold market, and what to expect going forward.
In my previous article “Coronavirus to Boost Gold Price” from March 5, I wrote, “Although I think gold has a lot more upside, it can be a bumpy road.” Since then, the US stock market has declined by about 21%, and gold took a beating too, having lost 10%. Many people question why gold is down, at the same time when stock markets are dropping at the fastest pace in history.