Goldman Sachs: Dump Dollars and Buy Silver

Goldman Sachs: Dump Dollars and Buy Silver

In response to the economic shutdowns imposed by governments to deal with the coronavirus pandemic, the Federal Reserve is printing money to infinity and beyond.  On top of that, it has shifted its inflation targeting to allow inflation to run hot meaning there is no end in sight to the currency debasement. This is bearish for the dollar and an article published by...
October 16, 2020 0 Comments
Silver to Benefit From Global Solar Surge. It’s Time to Buy Again, Goldman Sachs Says.

Silver to Benefit From Global Solar Surge. It’s Time to Buy Again, Goldman Sachs Says.

Silver stands out as an “obvious beneficiary” with global infrastructure stimulus tilting toward renewable energy, and solar in particular, Goldman analyst Mikhail Sprogis said in a note. Solar investment accounts for 18% or silver industrial demand or 10% or silver total demand, he added.
October 12, 2020 0 Comments
UBS says you should buy gold now

UBS says you should buy gold now

SINGAPORE — Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC.
September 30, 2020 0 Comments
Precious metals pop higher as dollar extends slump

Precious metals pop higher as dollar extends slump

Summary:  Gold and silver have entered September in buoyant mood as they continue their rebound. Driven by a combination of a weaker dollar, lower real yields, inflation hedge demand from money managers and general risk appetite as seen through the continued rally in stocks.
September 1, 2020 0 Comments

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