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Gold Just Hit a Record High Don t Buy the Metal, Buy These Stocks Instead

Investors tend to flock to gold during periods of global turbulence, while lower yields also make it more attractive. But there’s a better way to play it.

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The SentimenTrader Macro Index Model, a measure of economic activity, declined by 27% in May That s the 2nd most significant contraction in history – Investment Watch

The SentimenTrader Macro Index Model, a measure of economic activity, declined by 27% in May That s the 2nd most significant contraction in history – Investment Watch
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Bitcoin watchers reckon prices are destined to fall back

Bitcoin "prices have fallen about 30% from intraday highs in April, when they topped $64,000," reports Bloomberg.

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Bitcoin chartists see rout worsening with $US40,000 in focus

Bitcoin chartists see rout worsening with $US40,000 in focus Joanna Ossinger Save Share A cohort of chart watchers on Wall Street say bitcoinâs deepest selloff since crypto mania kicked off last year looks set to intensify. Evercore ISIâs Rich Ross reckons prices are destined to fall back to the 200-day moving average, following a path of other speculative assets, which would put bitcoin back at $US40,000 compared with just under $US44,000 currently. Others are watching for a pattern of âlower highs and lower lowsâ and say Elon Muskâs unpredictable tweets will keep traditional investors on the sidelines. Thereâs also speculation that gold is starting to draw money away from crypto.

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How much lower could Bitcoin go?

How much lower could Bitcoin go?
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