Gold is making a comeback.
Recent crypto turbulence, including last week’s flash Bitcoin crash and the failure of “Doge day” to push the meme-inspired Dogecoin over $1, have J.P.
Though still down from its $1951/oz high, a client note published last Wednesday by Bespoke Investment Group said that gold had broken above its 50-day moving average, a sign of short-term trending strength.