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Jim Wyckoff

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Gold shows its colors when markets get more nervous

February 18, 2022 by Jim Wyckoff

Gold has been ridiculed in recent years as no longer being a safe-haven store of value, including being replaced by the cryptocurrencies. Well, once again gold proves itself as being a safe-haven asset when things get really dicey in the world. The Russia-Ukraine geopolitical crisis combined with inflation worries have driven the yellow metal to an eight-month high above $1,900.00 an ounce. Look for more upside for gold in the near-term, or longer. Stay tuned—Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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