Gold Tumbles Below $1900 – Erases All Post-Putin Risk-Premia
…as if it never happened.
Judging by the ‘safe haven’ derisking in the barbarous relic, Putin’s invasion of Ukraine and the subsequent chaos in global markets is a nothingburger. For the third time since the Russian President invaded Ukraine, Gold has broken back below $1900…
Will the third time be the charm for a test of $1900?
Tyler Durden Mon, 04/25/2022 – 08:28