Click here to get this article in PDF
The Guardian/Richard Partington/5-1-2020
“Donald Trump’s threats to reignite the US-China trade war over coronavirus has triggered another sell-off in global financial markets, as the economic costs of the pandemic continue to mount. … Faced with a deep recession in an election year, Trump escalated his attack on Beijing by claiming he had seen evidence showing the virus originated in a Chinese laboratory.”
USAGOLD note: Gold reversed an early downtrend Friday to post a $13.50 gain on this unsettling news. The dollar simultaneously turned south and so did the Dow Jones Industrial Average.