Love or loathe him; there is no denying Elon Musk's monumental achievements, amassing a mind-boggling net worth of over $270 billion, making him the richest man globally.
Investors already know that gold is a very interesting market when the tide gets tough. As they turn to derivatives such as futures and CFDs, buying shares of companies in the sector is an option worth weighing.
In times of recession or economic crisis, investors tend to take money out of the stock market and take refuge in safe-haven assets such as the precious metal.
The more contagious omicron strain of COVID-19 is testing China’s zero-tolerance COVID-19 policy and while many signs underscore the strategy’s adverse impact on the country’s economic recovery, Beijing continues to stick to it, dismissing suggestions that China should learn to live with the virus as other nations do.
Removing opinion and allowing the price of an asset to dictate a bias and a direction has proven itself over the decades to be a powerful approach to profiting from the financial markets.