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IAUM - Oil And Gold Are In Big Trouble: Here's Why
June, 23 2022 03:18 AM
iShares Gold Trust Micro
Rising real yields will push both gold and oil down which trumps supply and demand for oil. Fed balance sheet reduction will continue to drive real yields higher. The same balance sheet reduction and Fed inflation focus will cool inflation. Oil faces a further recession and demand risk and gold faces lower inflation risk. For further details see:
Oil And Gold Are In Big Trouble: Here's Why
Stock Information
Company Name:
iShares Gold Trust Micro
Stock Symbol:
IAUM
Market:
NYSE
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