2 Economists Warn For Gold: This Week Is Too Dangerous!

The direction of gold and dollar is wondered by many investors. The developments in the USA have a significant impact on prices. Today, data from the USA is expected to affect the precious metal. cryptocoin.com We are giving the details as…

Economist warns gold investors

Economist Hatice Kolçak said in a video she published on her Youtube channel that she thinks small investors should not invest this week. He cited inflation data from the USA as the reason behind this. As we have reported before, these data will be announced at 16:30 Turkish time. In line with the figures, there is an expectation of volatility in the markets.

Kolçak states that “this week is very dangerous for investors who do not know the business” and draws attention to the need to be careful. Thinking that the data to be announced could “literally change everything”, Kolçak announced that he expected volatility in ounce this week. Saying that it is necessary to buy gold carefully and gradually, the economist states that those who have money should make long-term purchases. “It will take shelter under it. Gold purchases will continue to take place. He concludes his analysis with the statements that the declines on the gram gold side are a buying opportunity.

On the other hand, an interesting sharing came from Real Estate and Investment Advisor Mert Başaran. The expert shared a video link on his Twitter account, where he claimed that “Gold will be 2,000 lira, Bitcoin will be 96,000 dollars” and “explain the date when these levels will be seen”. However, when the link was clicked, it was understood that Başaran was actually reacting to those who made high predictions on social media. Basaran said “there is no such date” about the date when the price levels he mentioned will be seen, and urged investors not to believe such news and buy dollars or gold at high prices. “Do not believe those dates given. Don’t lose your money,” he said.

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