Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
While commodities ETFs – led by precious metals funds like the SPDR Gold Trust (GLD) and the iShares Silver Trust (SLV) – are hot, currency ETFs are even hotter.
Flows into 38 U.S.-listed currency ETFs this year stood at $2.2 billion through last week, according to a new review of fund flows by ConvergEx Group.
