Gold breaks $3400 for the primary time. 5 issues driving it increased

Gold is now up $75 on the day to a recent document simply above $3400.

The month-to-month chart is harrowing because it goes parabolic.

Here’s what’s driving it:

1. The worldwide world order is breaking down
2. The market desires security from the US greenback
3. International financial development indicators are worsening
4. Trump is threatening the independence of the Fed
5. AI/robotics are finally deflationary and central banks might want to lower, notably if the commerce conflict cripples economies

With the rally right now, gold is up practically 15% since April 7.

This text was written by Adam Button at www.ubaidahsan.com.



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