As uncertainty continues to take hold, despite interesting things happening in January, it’s inevitable that more market participants will flee to safety.
If your risk reporting contains incorrect mappings, you may see strange shifts in your results when something like a gold rush occurs, even if you’re not in gold at all.
As seen here, somebody is anticipating the zombie apocalypse…
Central banks bought a net $27bn worth of gold, driven by Russia, whose net purchases were the highest on record… The buying reflects continued efforts by emerging market central banks to diversify their large holdings of dollar reserves in the face of rising global trade tensions. The share of central bank currency reserves held in the dollar fell close to a five-year low in the third quarter of 2018, according to the International Monetary Fund.