During the Afghan War in 2001 gold rose +7% while HUI Index added +16% in a days
During the Gulf war in 1991 gold rose+13% while XAU Index +22% but fell soon after
Average impact in both wars was gold +10% and HUI & XAU +19%
Precious Metals stocks to gold ratio was 1.9 to 1
The same reaction is to be expected if the Russian Bear again attacks the Ukraine.
Furthermore, the price of oil and gas will necessarily be fuelled higher (apropos pun intended) as Putin's covert reason for his aggression is the oil and gas in that region.
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Oh well...you get the idea.
But just one more
Impact of War on assets is the worse of all. I have seen a lot of similar posts at term paper writing services reviews too. I agree, if the Russian Bear again attacks the Ukraine the same stats will be back
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