Kitco News
(Kitco News) – The bond yields along with a weaker U.S. dollar outlook might be what gold needs to finally break out of the $1,650-$1,750 range, according to Pepperstone head of research Chris Weston.
The post ‘Perfect storm’ for gold bulls: Bond market and bearish outlook for U.S. dollar — Pepperstone appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Around 13% of Togo’s population had registered for the government’s digital cash transfer relief program amid Covid-19
The post One of Africa’s smallest economies is plugging social welfare gaps with digital cash transfers appeared first on WorldSilverNews.
The overwhelming majority of investors have no idea how undervalued silver is as an asset. With falling supply and surging physical investment demand in the future, we could see some crazy silver prices.
Steve St. Angelo
Thu, 06/11/2020 – 09:27
Seeking Alpha/Jeffrey Gundlach/6-9-2020
“Jeffrey Gundlach’s ‘Superman’ presentation – the latest of his regular live webcasts, this time it seems with Fed Chairman Jay Powell in the role of protector of Truth, Justice and the American Way – comes just before tomorrow’s Fed policy statement update from the Chair of Steel himself.
And Gundlach invested some time in the contentious issue of whether the dollar’s headed for a decline, an issue that’s also near and dear to gold investors. Earlier, Goldman Sachs said that a pause in gold’s rally may just be a waypoint on the way to $2,000/ounce if a strong consumer combines with expansionary policy to create above-target inflation.
Gundlach says he’s bearish on the dollar, even if stocks decline – and that will mean new highs for gold in the long term.”
[More at link]
Graphic image courtesy of Visual Capitalist
USAGOLD note: Stunning visualization of gold’s secular bull markets. Worth a visit.
