CORONAVIRUS BRINGS OPPORTUNITIES IN GOLD LIKE THE GOOD, OLD TIMES $NUGT $DJIA $AMZN $AAPL $DUST $SLV $GDX
As the coronavirus spreads, many investors are focused on the stock and bond markets. Why not gold? The Federal Reserve, in a surprise move, cut interest rates Tuesday. The yield on the 10-year Treasury note is trading around 1%, a level nobody could have dreamed of not long ago. Other central banks are lining up for more money printing and monetary stimulus. Governments are getting ready to borrow more. So the conditions are ripe for gold — just like in the good, old days. Let’s explore with the help of a chart. Chart Please click here for an annotated chart of Direxion