Without a doubt, 2020 has shown that PREDICTING SHORT-TERM MARKET EVENTS is practically impossible. The Stock market moves that have happened this year are without HISTORICAL PRECEDENCE. Literally every trading session, we're seeing MORE EVIDENCE that when it comes to sentiment and the way that buyers and sellers JUDGE REALITY and make decisions, the various opinions could be POLAR OPPOSITES.
Though it is often referred to by critics and elitist central bankers as a “barbaric relic”, there is no denying that gold is usually the go-to asset during times of crisis and uncertainty. And as much as they pretend to hate it, even the elites secretly stock the precious metal whenever the economy goes awry. In fact, you can almost predict when things will go bad simply by watching how much gold central banks around the globe stockpile in a particular year.