Periodic Table of Investments
Now you know what is driving Gold prices
An updated overlay of gold (generic contract) in orange and $ amount of negative yielding securities in white.
Interest rates around the globe are negative or on their way there but credit card rates just hit their highest avg level in 25 years One way or another, banks figure out how to get paid (link: https://www.latimes.com/business/story/2019-08-06/fed-rate-cut-credit-card-interest-rates-rise) latimes.com/business/story…
This chart will come handy once Dollar index (DXY) breaks out of 100
