• Same story, different day...........year ie more of the same fiat floods the world
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Gold has not moved up while the market has tanked

luckabuck

I made mine in the stock market!
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#1
Bloomberg-
"One possible reason is that ETF investors might be selling gold to offset their stock-market losses, according to a note by Commerzbank AG analysts including Eugen Weinberg".
It’s not the first time gold has struggled during the acute phase of a sell-off -- the metal also fell during the 2008 crash, probably as investors scurried to cover margin calls.
Yet bullion’s haven appeal is evident in its outperformance on a relative basis, turning higher in later phases of a downturn while all else continues to slide.
 

Uglytruth

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#2
Don't that mean volume would increase?
 

luckabuck

I made mine in the stock market!
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#3
You would think so, but who knows then everything is upside down!
 

Professur

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#4
The price of ETFs hasn't gone up .... ETFs aren't metal.