by ◆ Gold has edged higher to reach three week highs at ,535/oz today after Trump took a hard-line stance on China and Iran during his U.N. speech ◆ Stocks fell in the U.S. yesterday and today in Europe on increasing political turmoil in the U.S. and the UK; Concerns about the global economy and the outlook for stocks is enhancing gold’s safe haven appeal ◆ Palladium has surged to an all time record high and we expect gold and silver to follow suit in the coming months due to very elevated geo-political, financial and economic risks ◆ Hard currencies in the form of the monetary metals of gold and silver are outperforming the dollar, euro, pound & all digital fiat currencies and we expect this out performance to continue as currencies are further devalued
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◆ Gold has edged higher to reach three week highs at $1,535/oz today after Trump took a hard-line stance on China and Iran during his U.N. speech ◆ Stocks fell in the U.S. yesterday and today in Europe on increasing political turmoil in the U.S. and the UK; Concerns about the global economy and the outlook for stocks is enhancing gold’s safe haven appeal ◆ Palladium has surged to an all time record high and we expect gold and silver to follow suit in the coming months due to very elevated geo-political, financial and economic risks ◆ Hard currencies in the form of the monetary metals of gold and silver are outperforming the dollar, euro, pound & all digital fiat currencies and we expect this out performance to continue as currencies are further devalued |
Best performing currencies in 2019 - Click to enlarge |
| Jim Rogers: Buy Gold Coins and Silver Coins as Global Crisis Is Coming – Watch here |
Tags: Daily Market Update,Featured,newsletter