MarketWatch/Myra P. Saefong
“Gold prices now trade at their highest levels in almost seven years, as the economic impact of the COVID-19 epidemic in China has raised expectations for stimulus from global central banks to sustain economic growth, feeding talk of record $2,000-an-ounce prices and beyond for the precious metal.”
USAGOLD note: We post daily market summaries only on occasion as typically their content has a short shelf life. This report, however, offers some interesting analysis with longer term implications.
Repost from 2-20-2020
