Gold Is Back To Being Underrated While conditions are now favourable for Gold futures to go up, notably a Major War, hyperinflation, stagflation, geopolitical uncertainty, and a possibility of a "stagcession" (recession with inflation) in the US, Gold is going down towards $1,800 US per ounce as opposed to $2,200 US per ounce as projected.
Gold is even lower than 2021 levels.
With fundamentals working in Gold's favour, I'm disappointed that it keeps going down as opposed to being in a downward trend for the last few weeks.
Time for Gold to clean up its act.