Investing.com/Adam Hamilton/2-4-2022
“While has been grinding higher, it hasn’t soared yet despite raging and rolling-over stock markets. The main reason has been the lack of investment capital inflows. But long-apathetic investors are starting to return, flocking back to gold exchange-traded funds as the US stock markets threatened a correction. That buying is a bullish gold omen, fueling upside momentum that will attract more investors.”
USAGOLD note: Hamilton treats in detail the early stages of funds and institutions’ return migration to the gold market.