How Investor Interest in Equities Is Affecting Gold Prices

international gold
Written by Mike Hammer

Somebody – Goldman Sachs perhaps? – dropped a small bomb on the market yesterday (Thurs Feb 20 2020). You may have noticed a sudden plunge in the major market averages. It was short-lived, lasting just an hour or so, and the market did claw back over half of it before the close.  But still a losing day for equities.

Your friendly Gold Enthusiast is on record saying gold has been… Continue reading on to see where gold (GLD) could be headed!

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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