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.
“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.”