I remain cautiously bullish on gold. Treasury buybacks are a meaningful liquidity signal, but their size is still too small to solve America’s deeper fiscal problems. The bigger story remains huge debt, persistent deficits, inflation risks and elevated long-term yields.

Gold’s quick reaction shows investors are becoming more sensitive to fiscal and liquidity signals. But this doesn’t automatically make the rally sustainable. If yields rebound or the dollar strengthens, gold could face sharp profit-taking.

My view: gold still has room to run, especially if real yields decline, but chasing every spike is dangerous. I’d rather buy pullbacks and watch Treasury yields, the dollar and inflation expectations for confirmation.

@WallStreet_Tiger [龇牙]

# Gold Hits Three-Month High — Is Dalio's 15% Allocation Call Right?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet