◆ 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
NEWS and COMMENTARYGold inches up as virus fears mount; markets await Fed decisionJapan, U.S. evacuate citizens from China as virus spreadsHow 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 shockIMF sees Italy deficit overshoot, says debt won’t come downGold price will skyrocket if Bernie Sanders wins 2020 presidential election
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.
GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)
