Molten gold being poured into bar molds (photo via CNBC).
Bloomberg's Reasons To Be Bullish On Gold
In the tweet below posted early on Friday, Bloomberg Markets offered a few reasons for continued bullishness on gold.
Among those reasons were the Fed's pause in raising rates; the upcoming Chinese New Year, when gifts of gold are a custom; a flight-to-safety encouraged by Brexit and America's trade tensions with China; and Goldman Sachs' bullishness on gold.
On Thursday, one of the top 10 Portfolio Armor names I shared with Marketplace subscribers was the gold