Even so called safe havens like precious metals will drop in a market correction - this time thanks to rising oil prices from TACO' Iran adventure - when margin calls force liquidation of other positions to cover losses.
When the streets are all red in most sectors, that is actually an opportunity to buy the dips.
Only question now is how long the war will take to resolve.
But from previous data, when recovery comes, precious metals are usually the first to rise up, as fundamentals are always unchanged for metals, unlike more speculative stuff.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.Read more
Comments (34)
to post a comment
12
