Calling USD Gold price 20% lower

One of my outlier calls is that Gold (as priced in USD) trades down to the US$1,940 region (+/- $30).

It’s currently trading at US$2,390.

It falls under the category of markets going to where they can do the most damage.

p.s. my Oil call for mid $40’s is another.

July 30, 2024

by Rob Zdravevski

rob@karriasset.com.au