US Stocks Go Parabolic
Precious Metals Commentary (week ending 7th February 2020)
The metals eased as markets accepted the official coronavirus numbers, with gold lower to $1,565 and silver to $17.80. A RBA rates hold pushed the AUD higher to 0.673 and the local gold price down to $2,326, with silver at $26.70.
This week we discuss:
- Crazy parabolic US stock prices that are disconnected from company sales/earnings
- Crowd sourced gold & silver price forecasts from expert analysts with a good track record
Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.