What are the odds of equity markets and PMs moving higher together in 2020?
Jordan Roy-Byrne joins me to recap the recent moves higher in gold and silver right around Christmas time. Without any major news to drive these moves we look at some of the other markets that can be correlated to the metals. Overall the outlook for 2020 is positive for precious metals investors.
Sprott Money News Weekly Wrap-up – 12.27.19 #AudioInterview
“Bob Thompson of Raymond James in Vancouver joins us to discuss the ongoing rally in precious metals prices as well as his expectations for the mining shares in 2020.”
https://soundcloud.com/sprottmoney/sprott-money-news-weekly-wrap-up-122719
Silver forecast Igoldadvisor
Thanks Blue. I enjoy getting Christopher’s perspectives.
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Dollar headed down, down down….That’s too easy. That’s what everyone is expecting. I think it has one more move *UP* And then WHAM!! Down it will go.
Is âKing Dollarâ Finally Rolling Over?
By TheRealHeisenberg – December 27, 2019
“Itâs been a long time coming, but it looks like âking dollarâ might finally be on the verge of rolling over in earnest.”
“Bloombergâs gauge is down some 1.5% on the month and if things keep going like theyâre going, that will mean BBDXY closes lower for the year.”
https://heisenbergreport.com/2019/12/27/is-king-dollar-finally-rolling-over/
He recommends a new silver miner, this time he doesnt say which.
130 million oz in the ground in Mexico. Stockprice at 0.22 cad a few days ago.
At first I thought it would be Defiance (DEF) or Aftermath (AAG-H), based on the shareprice and Mexico, but their assets don’t match that.
(SSV) Southenr Silver has 134 Million ounces in Mexico and closed at $.25 (up $.03 from $.22) so that is likely it.
Hold 20% in gold as global economy is an accident waiting to happen – Frank Giustra
Neils Christensen – Friday December 27, 2019
“If someone has a maximum of $100,000 to invest, my suggestion would be to own at least 20% gold and stay liquid. Most investments (stocks and bonds) are overvalued. I am mostly keeping my eye on global trends in both central bank monetary policy and debt levels.”
“Our future will be largely based on those two things. Neither, are looking too rosy.”
Jordan came across a statement on advertisement on your newsletter saying if gdx breaks 31 level that 50 is in the technical Target.
How long would it take to reach 50 when 31 is broken, 1 year, 2 years???