Month: February 2020

MKS Pamp Group/Frederic Panizzutti/2-20-2019

“In this complex environment, Gold shall remain an asset of choice against market risks. We expect Gold to move higher throughout the year and to trade with elevated volatility. We expect Gold to peak at 1780.00 USD/Ounce.”

USAGOLD note:  Panizzutti is a highly respected gold market analyst.

Financial Times/Richard Milne and Martin Arnold/2-20-2010

“Negative rates turn the principles of finance on their head by forcing commercial banks to pay to store money at the central bank rather than earn interest on it. At the same time, some countries and companies have been paid to borrow.”

USAGOLD note:  This Financial Times editorial attempts to flesh out the longer-term implications of below zero interest rates – the winners and the losers; risks and rewards.  Will we see negative rates in the United States? Some say it will never happen. Others say it is only matter of time (and another financial crisis).

1. Gold miner stocks stage broad rally, as gold prices extend run toward 7-year high  MarketWatch
2. Get in on Gold Miners With This ETF  ETF Trends
3. Gold Stock Play GDX Is A Buy As Coronavirus Boosts Gold Price  Investor’s Business Daily
4. Gold Price Forecast – Gold & Miners Confirm Recent Breakout  Yahoo Finance
5. View Full Coverage on Google News