347
134 shares, 347 points

Golden prices yellow are struggling to keep the critical level around $1,800 per ONS, while a famous name advises investors to put aside the noise and focus on gold’s long-term selling variety. Let’s examine the hot predictions for the golden yellows together…

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Wade Guenther: Our company has increased its gold investments!

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Wade Gunther, managing partner of Wilshire Phoenix, said in a recent interview that his company has increased the rate of investment in gold-backed adaptive exchange-traded funds. Wade Gunther said that after rebalancing last week, Wilshire wShares Enhanced Gold Trust (NYSE: WGLD) now holds about 96% of gold, an increase of about 81% from the previous month.

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Wade Gunther explained that while the gold market has experienced sharp price fluctuations over the past month, average market volatility has remained relatively stable. The Wilshire Gold ETF adjusts its exposure to gold based on average market volatility. Wade Guenther adds the following to his explanations on the subject:

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With our algorithms, we let the data speak for itself. One of the key features of the strategy is to keep traders’ emotions off the market and prevent them from making potentially irrational decisions.

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Wade Guenther: Increasing inflation pressures, the most important factor for gold prices yellow

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Wade Guenther said he saw a positive price increase over the rest of the year, although he didn’t know how the fund would rebalance itself in the future. Wade Guenther said that the most important factor for gold prices continues to be increasing inflation pressures. In May, the US Consumer Price Index rose 5.0% for the year, the biggest jump since August 2008. He added that the magnitude of inflation will continue to support gold for the rest of the year. Wade Guenther adds the following to his explanations on the subject:

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We did some internal research and looked at inflation and found that when annual inflation rose above 3.25%, gold rose by almost two-thirds over the same time period. History suggests that gold can be a very good inflation hedge.

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Wade Guenther: Increasing inflation pressures provide some strong support for gold prices

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While mounting inflation pressures have provided some strong support for the gold price, many traders also say they are putting pressure on the Federal Reserve to potentially tighten monetary policy sooner or later.

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Wade Guenther said that while there is a risk that the Federal Reserve will act sooner than expected, he does not see this as a possible scenario. He added that it will take more time to determine whether the current inflationary environment is permanent or temporary. Wade Guenther adds the following to his explanations on the subject:

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The Fed has made it very clear that it is dependent on data, and they currently do not have enough data to make any decisions.

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Wade Guenther: Another factor that supports gold is its attractiveness!

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But Wade Guenther added that even if the Fed does have to act early, that doesn’t mean it will change the rules of the game for gold. He said that another factor supporting gold is its attractiveness as a safe haven and a means of selling varieties. Wade Guenther noted that at record valuations this late in the business cycle, equity markets are at significant risk of seeing a major correction. Wade Guenther adds the following to his explanations on the subject:

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More than gold, we expect higher interest rates to have a greater impact on stock market valuations and bond market valuations. Equity markets are at record highs because money has been so cheap for the better part of the last 15 years.

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Cryptocoin. com, for more gold predictions, as we reported earlier “Highly Talked Gold Insights from the Banking Giant!” You can review our article.

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Disclaimer: Cryptocoin. The articles and articles on com do not constitute investment advice. Cryptocoin. com does not recommend buying or selling any cryptocurrencies or digital assets or Cryptocoins. com is not an investment advisor. Hence Cryptocoin. com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.

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