World in a Silent Depression

Precious Metals Commentary (week ending 21st February 2020)

Gold broke above the crucial $1,586 level this week, trading above $1,620; silver moved above $18 into a resistance zone between $18.40 and $18.50. The Australian dollar busting down past 0.66 put a rocket booster under the metals’ Aussie prices, with gold at $2,462 and silver $28.05.

This week, we delve into: 

• How a 60/40 stocks/bonds portfolio can have lost decades of returns 
• The case for a Dragon Portfolio with a 19% allocation to gold

Read the full report by ABC Bullion's John Feeney and Bron Suchecki here.