◆ Silver prices are likely to go “exponential again” according to Guggenheim Partners co-founder Scott Minerd, in an interview with Bloomberg at Davos (see silver chart and interview below)
◆ Silver is “the number one conviction trade in 2020” Minerd, who is also the Guggenheim Global Chief Investment Officer (CIO) told Bloomberg whose conviction trade was greeted with surprise by Bloomberg’s Tom Keene and Jonathan Ferro
◆ Silver has more room to run and there is a “strong probability” that silver will go “exponential” again according to Minerd
◆ “When you look at the relative values of silver and gold, silver is about 65% below its prior peak while gold is very close to its prior peak”
◆ Financial markets and assets are a central bank fueled ‘ponzi scheme’ warned Minerd who is concerned about the huge rally seen in bond and particularly stock markets
In this special podcast to celebrate GoldCore’s appointment as an Approved Distributor of The Royal Mint, the GoldCore team discuss the ‘3 Key Things to Protect Your Finances in the 2020s’
NEWS and COMMENTARY
Gold inches up as virus fears mount; markets await Fed decision
Japan, U.S. evacuate citizens from China as virus spreads
How China’s new virus could disrupt the phase one trade deal with the US
Coronavirus cases in China overtake SARS — and the economic impact could be ‘more severe’
Industrial metals stabilise after coronavirus shock
IMF sees Italy deficit overshoot, says debt won’t come down
Gold price will skyrocket if Bernie Sanders wins 2020 presidential election
Exclusive Gold Offer – For Retail, Pension and HNW Investors
To celebrate our appointment as a Royal Mint Approved Distributor, we are offering newly minted 2020 Gold Britannias and Gold Sovereigns at incredibly reduced premiums for all lump sum and pension investments worth more than £10,000, €12,000 or $14,000.
We are also giving 12 months of Secure Storage free of charge. Investors must trade before March 20th to qualify for the Exclusive Offer.
Key benefits and information here
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
28-Jan-20 1579.60 1574.00, 1212.19 1211.04 & 1433.33 1430.77
27-Jan-20 1583.45 1580.10, 1209.28 1210.04 & 1436.66 1433.94
24-Jan-20 1561.85 1564.30, 1192.63 1194.19 & 1415.04 1418.04
23-Jan-20 1554.05 1562.90, 1182.94 1191.24 & 1401.91 1411.77
22-Jan-20 1558.10 1556.90, 1193.19 1186.20 & 1404.78 1406.04
21-Jan-20 1556.25 1551.30, 1192.87 1188.14 & 1401.25 1397.26
20-Jan-20 1559.25 1560.15, 1200.93 1200.38 & 1406.76 1407.72
17-Jan-20 1556.50 1557.60, 1193.21 1195.15 & 1399.60 1402.93
16-Jan-20 1555.20 1554.55, 1190.97 1190.94 & 1393.61 1394.90
SIGN UP FOR OUR AWARD WINNING MARKET UPDATES HERE
