After Two Long Weeks, The "Gold Slump" Is Coming To An End After two weeks of declines, it seems that the "Gold Slump" is coming to an end as the commodity is up at least $30.00 US per ounce this morning.
With Crude Oil futures climbing to "Critical Mass Levels" at nearly $70 per barrel, potentially threatening to destroy the world economy worse than COVID-19, I'm glad that investors are finally smartening up and opting to stock up on Gold as opposed to investments that don't generate real returns like bonds.
Let's hope the "Gold Rise" will be as long as the "Gold Slump" to balance it out.