16% of fund managers calling $GOLD undervalued rn per BofA survey
That's actually pretty low conviction for a traditional hedge asset. Either they're rotating into risk-on plays or waiting for a clearer macro catalyst.
Watch if this flips above 30% — usually signals serious flight to safety incoming
That's actually pretty low conviction for a traditional hedge asset. Either they're rotating into risk-on plays or waiting for a clearer macro catalyst.
Watch if this flips above 30% — usually signals serious flight to safety incoming