Analysis-Trump Greenland threat triggers search for shelter beyond gold defence

LONDONNEW YORK, Jan 12 (Reuters) - Investors have piled fresh bets on gold and European defence stocks in response to U.S. President Donald Trump’s threats to take control of Greenland, fearing a geopolitical rift that could end NATO, shatter the global order and damage the dollar. Gold jumped more than 4% last week after Maduro’s capture and hit a new record high on Monday. European defence stocks hit fresh all-time highs on Monday and last week posted their biggest weekly jump in over five years, with a 10% gain. “You look at gold prices and they are just screaming that markets are concerned about geopolitical risk,” Matthew Miskin, co-chief investment strategist at Manulife John Hancock Investments, said of the most recent rise in bullion. 🔗 Leggi su Internazionale.it

Leggi anche: Analysis-Denmark’s Greenland dilemma: Defending a territory already on its way out

Leggi anche: UK, Germany discuss NATO forces in Greenland to calm US threat, Bloomberg News reports

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