The Dow Jones Industrial Average is within touching distance of an all-time high after climbing 13 percent alone in 2019. It marks one of the best first quarters on record for the Dow, but traders should be cautious as several warning lights flash red. Namely, China’s aggressive gold hoarding, the recent yield inversion, and the potential of a disappointing trade deal between China and the US. Let’s take a closer look. Warning #1: China’s Gold Hoarding China is stockpiling gold at a phenomenal rate, bumping up its reserves for the fourth straight month. China added 11.2 tons of gold in
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