Goldman Sachs is holding firm on its bullish GOLD outlook, with a base case of $3,700/oz by year-end and $4,000 by mid-2026. If a recession hits, they expect ETF inflows could push prices up to $3,880 by year-end. In extreme tail scenarios—like rising concern over Fed…
— Wall St Engine (@wallstengine) May 5, 2025
All those that rushed to call a top in gold are now quickly deleting those posts 🙂
— JustDario 🏊♂️ (@DarioCpx) May 5, 2025
Tonight U.S. stock futures and the dollar are both selling off. But once again gold and Bitcoin are going in opposite directions. Gold is acting like a safe haven and rising about 1%. Bitcoin is trading like a risk asset, falling by about 2%. Clearly Bitcoin is not digital gold.
— Peter Schiff (@PeterSchiff) May 5, 2025
The U.S. Dollar is imploding in Asia as confidence in U.S. policy collapses. The S&P futures are trading tick by tick with the $USD. pic.twitter.com/QuSwbllLm7
— Mac10 (@SuburbanDrone) May 5, 2025
"The collapse of Taiwan", "the collapse of TWD", "China making a move on Taiwan?" and on and on = ignorance on how to read FX rates since TWD IS STRENGHTENING https://t.co/HDleTMxEtT
— JustDario 🏊♂️ (@DarioCpx) May 5, 2025