Xorte logo

News Markets Groups

USA | Europe | Asia | World| Stocks | Commodities



Add a new RSS channel

 
 


Keywords

2020-02-26 13:18:08| GoldSeek.com News

So what's the point of this post? Understand this: Yes, gold prices have surged higher in 2020 and some of this is due to a fear-based trade over the growing concerns of a coronavirus global pandemic. But prices were already headed higher before the emergence of the virus, and the interest rate driver of this move has only accelerated over the past few weeks. Just as in 2019, Powell's Fed has been painted into a corner. They will soon act to cut rates and add liquidity, and this will help to provide for a consistent bid for gold in all its forms...which will lead to consistently higher prices as 2020 unfolds.

Tags painted powell

Category: Investing

 

Latest from this category

25.045 Strategies for Effective Trade Exit: Knowing When to Cash Out
25.04Thursday Watch
24.04Stocks Reversing Slightly Lower into Final Hour on US Policy-Induced Stagflation Fears, Higher Long-Term Rates, Earnings Outlook Jitters, Transport/Alt Energy Sector Weakness
24.04Bear Radar
24.04Bull Radar
24.04Tomorrow's Earnings/Economic Releases of Note; Market Movers
24.04Analyzing a Great Trade: Insights from Barrie Einarson
24.04Mid-Day Market Internals
Investing »

All news

25.04China: 美国外观设计专利侵权判定规则【1】 - CCPIT Patent & Trademark Law Office
25.04Hungary: Corporate Tax In Hungary (Part 1): Basic Framework - Katona & Partners Attorneys at Law
25.04Spotify tests Apple's resolve with new pricing update in the EU
25.04The Morning After: Testing the Rabbit R1's AI assistant skills
25.04United States: Federal Trade Commission Bans Noncompetes - Taft Stettinius & Hollister
25.04China: Shen Changyu Holds Talks With WIPO DG Daren Tang - AFD China
25.04China: Shen Changyu Attends And Speaks At High-level Roundtable On "Intellectual Property For Sustainable Development" Of Boao Forum For Asia Annual Conference 2024 - AFD China
25.04Egypt: Legal Requirements For Registering NGOs In Egypt - Andersen in Egypt
More »
Privacy policy . Copyright . Contact form .