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U.S. equity markets pricing in perfection so hold some gold – London Capital Group

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U.S. equity markets are valuing in excellence when it concerns a prospective financial recuperation from a global economic disaster. Nonetheless, according to one market expert that optimism might be misplaced as there is still a lot unidentified about the infection.

In a meeting with Kitco News, Jasper Lawler, head of research at the London Capital Group, claimed that markets are ignoring economic basics and rather are being driven by the huge liquidity injections from the Federal Reserve as well as the UNITED STATE Federal Government. He included that in this environment, it makes good sense to hold some gold.

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U.S. equity markets pricing in perfection so hold some gold – London Capital Group

U.S. equity markets are pricing in perfection when it comes to a potential economic recovery from a global economic meltdown. However, according to one market analyst that optimism could be misplaced as there is still a lot unknown about the virus.

In an interview with Kitco News, Jasper Lawler, head of research at the London Capital Group, said that markets are ignoring economic fundamentals and instead are being driven by the massive liquidity injections from the Federal Reserve and the U.S. Federal Government. He added that in this environment, it makes sense to hold some gold.

__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.