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GLDM - Gold Just Broke Out. But Where Are The Investors?
SPDR Gold MiniShares Trust
2024-03-07 11:05:00 ET
Summary
Gold needed to show a full-blown breakout before generalist investors would flock to the market.
One of my big themes is that markets don't care where the price of an asset is at the time, they care where it's going.
If Western investors join the central banks and Chinese buyers in a big way, this new bull run in gold could be the most explosive we've seen since the late 1970s.
By Brien Lundin
If you've been watching the red-hot gold and silver market, you know there's lots to talk about....