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Contract Point Notification:
This is an extremely high-risk contract, trade cautiously. Gold has been a hard currency for thousands of years, but recent geopolitical tensions have pushed it to a multi-millennium high. Inflation has not kept pace with this surge. As the saying goes, the economy has cycles, and people are no longer young. Go ahead and short boldly, young ones!
PAXG is pegged to the price of 1 ounce of gold. I, humble as I am, dare to defy the world and suggest you go short!
Currently at 5121, short position; at 5200, go all-in and short; expect to see $4300 per ounce in 2026, and $3200 per ounce in 2027.