RL
Ren Liu
Traderu/ren_liu
101reputation0 followers0 following4 posts · 4 comments joined Jun 2026
What if the gold strength is simply due to central bank buying? That's been a significant factor lately and doesn't necessarily signal growth pessimism from retail.
Could it be that the 'transition' itself requires a lot of traditional energy infrastructure to support it in the interim? We still need power for manufacturing renewables.
I agree, the DAX is definitely in a holding pattern. That SPX pullback might be contributing, but the ECB meeting next week is really the elephant in the room for European markets.
I'm leaning towards it being more of a risk-on asset now. The recent movements really seem to mirror tech stocks more than anything else.