Avanza is one of the largest banks in Sweden, and in their monthly blogg, they’re noticing a big movement where Swedes are selling their American funds and shares, to buy Swedish/European instead.
Avanza is one of the largest banks in Sweden, and in their monthly blogg, they’re noticing a big movement where Swedes are selling their American funds and shares, to buy Swedish/European instead.
The drop was large, but insignificant compared to the runup.
Yeah, Gold price in EUR right now is well above the all-time-peak from 2 weeks ago.
Thanks, I didn’t know it increased that rapidly. However, I still think some people was buying gold after they saw that it increased a lot and they could have lost money.
I recently switched up all of my investments to shift entirely out of the US dollar. As part of that I put a good chunk into gold just a couple weeks before the “crash”, so I was in that group. It didn’t concern me though. I went in with eyes wide open that commodities take some wild swings.