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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (55193)6/28/2019 7:49:17 AM
From: Goose94Read Replies (1) of 203063
 
SPDR® Gold Shares (GLD-NY) top pick from Veronika Hirsch on BNN.ca Market Call 2nite Thirstday June 27th @ 1800ET

The recent pivot by Fed Chair Jerome Powell toward potentially lowering interest rates later this year has improved gold fundamentals. Lower interest rates would cause weakness in the U.S. currency, which would benefit the price of gold. The added advantage of including gold in portfolios is that it frequently acts as a good hedge against volatile equity markets.
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