MarketWatch/Maria Martinez/2-7-2020
“German industrial production plunged in December. The Federal Statistics Office said Friday that total industrial output–comprised of output in manufacturing, energy and construction–fell 3.5% in December from November, in calendar-adjusted terms. Economists had forecast a 0.1% increase in December, according to a poll by The Wall Street Journal.”
USAGOLD note: Gold coin demand in Germany has been strong over the past few years based on concerns about growth and the possibility of a recession along with concerns over Brexit. Reports like the one linked above are likely to give that demand even greater urgency.
