If you’re a regular reader, you’ll know that the ongoing trade tensions between the US and China have helped to fuel gold’s summer bull run. The latest salvo in this drawn-out saga could come as early as tomorrow (Thursday) when representatives from the two nations are scheduled to begin talks once again.
This latest round of discussions will take place with deputies, with higher-level talks provisionally scheduled for next month. The deputies are being described as having ‘short leashes’ so it’s unlikely that a resolution would be reached tomorrow. Tom Donohue, the U.S. Chamber of Commerce Chief Executive says the US will be seeking a real agreement but added, “While I’m optimistic about it, I’m also a dead-ass realist and this is not a simple problem.”
If you haven’t yet heeded our advice to invest, consider this your early warning to take action – when tensions ease, markets pick up thanks to renewed confidence, making for the optimal window of opportunity to buy gold.
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