Full Article: https://energycentral.com/c/og/retail-commodity-traders-choose-oil-gas-over-gold-according-report-capitalcom
“Generally, commodities have often acted as a safe haven when markets are plummeting. However, while gold still continues to attract a significant increase in activity, oil and gas trading seems to have become the new safe haven, according to a report published by markets research and brokerage platform services provider, Capital.com.”
Keep in mind this report was published for Q1 2022, and since March, S&P has fallen another ~10% or so.
Curious to know what everyone thinks, with the “looming threat of a recession” you would expect that Gold trading activity would be at an all time high for hedging and safety purposes. However, I personally feel that oil and gas trading activity is at a high due to the price influx and people looking to capitalize on geopolitical issues. Let me know your opinions!
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