Month: September 2020

Reuters/Arundhati Sarkar and Sumita Layek/9-15-2020

“The rapid accumulation of gold by investors as the coronavirus crisis erupted earlier this year has slowed, threatening the record-breaking rally in prices of the precious metal.”

USAGOLD note:  Is it not understandable – perhaps even a sign of good health – that a market might take pause after rising 33% over a six month period? We agree with the last analyst quoted in this article that “after the election, if gold starts making new highs, you will see fresh and sizable inflows back into gold ETFs” (the favored vehicle among funds and financial institutions).  In fact, that flow could begin well before the first Tuesday in Novermber.

Chart courtesy of TradingView.com • • • Click to enlarge

The post Investor gold demand slows threatening price advance first appeared on Today’s top gold news and opinion.

Bloomberg/Simon Kennedy and Samuel Dodge/9-12-2020

“Forced to think outside the box by the 2008 financial crisis and then again this year by the coronavirus pandemic, the Federal Reserve, European Central Bank and most of their international counterparts have become more aggressive and innovative than ever in defending their economies from recession and the threat of deflation.”

USAGOLD note:  Walking on air.  The new abnormal is coming to a central bank near you.

The post Unconventional monetary policy becomes conventional first appeared on Today’s top gold news and opinion.

The Investment of Kings and the King of Investments

From the small investor just starting out to the high-net-worth individual hedging a multi-million dollar portfolio, we have helped many thousands add precious metals to their holdings in our more than 45 years in the gold business – safely, economically and with the investor’s goals in mind.

No matter the size of your investment kingdom, we can help!

The post https://www.usagold.com/cpmforum/2020/09/16/290685/ first appeared on Today’s top gold news and opinion.