Negative Rates, Positive GOLD | Sean Brodrick

Sean Brodrick notes that the Coronavirus has hurt base metals and has been good for precious metals. There are some bargains in base metals like copper. As for gold, Broderick suggests traders & investors should follow the lead of the global Central Banks that are gobbling up gold. They may say gold bugs are relics, but follow what they are doing and what they are buying. He points out that when interest rate yields go negative, gold goes higher. He expects gold to hit $1,650 this year and even as high as $1,800.

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