$Gold.com(GOLD)$ is a long ter-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Gold.com(GOLD)$ is a long term investment in store of value for further price appreciation. The divergence among major banks is driven by a divergence in view of the value of gold and it’s inflation appreciation value.
ETF outflows: the selling of units in the etf is driven by these divergent views and is an oppportunity to buy at reduced prices

Gold "Chain Drop", ETF Outflow: When to Buy the Dip?

On May 28, $XAU/USD(XAUUSD.FOREX)$briefly fell to $4,366/oz, a single heavy blow that sent it to its lowest point in nearly two months. Since the Iran war broke out at the end of February, gold has cumulatively fallen more than 17% in just three months, almost completely wiping out all of this year's gains. The more frantically people rushed to buy gold last year, the more painful being trapped is now. How do you view the divergence among major banks on gold's price outlook? ETF outflows: will you follow the trend or contrarian buy the dip?

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