Gold Has Broken Through $1,500 – Don’t Miss the Two Best Bargains in the Market Today!
August 7, 2019
Gold has broken through the major psychological barrier of
$1,500 an ounce on early trading Wednesday August 7th. Global economic concerns continue to be the
top headlines. Bloomberg said this morning that equity markets are beginning to
show pre-recession characteristics.
“Yields are collapsing, and gold is soaring,” said Peter
Cardillo, chief market economist at Spartan Capital Securities. “That’s raising
concern about the impact of the trade war on the economy.”
Gold has strengthened in recent months as the U.S. / China
trade posturing, stagnant and slowing global growth and an easing monetary
policy by major central bands
Goldman Sachs has stated that it does not expect a trade
deal between the U.S. and China next year’s presidential election. Morgan Stanley warned that if the trade war
continues it could cause a world economic recession sometime next year per CNBC.
WHAT TO DO?
Buy or continue to buy gold in modest amounts. Choose low premium items such as Maple Leaf’s, Eagles and 1 oz bars.
I would even more strongly recommend that you consider silver and / or platinum. The price argument for both is very compelling. See charts below. Please call to discuss.
money goes down to its intrinsic value – zero.”
French poet, historian & philosopher ( 1694 – 1778)
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