MiningJournal/Julian Turner/10-21-2019
“In the current rally investment demand has been at the fore and this has been driven by expectation of major monetary easing by various central banks (particularly the Fed) leading to plummeting bond yields. This has led to an explosion in negative yielding debt, to over $17 trillion, which has turned on its head a traditional drawback of investing in gold – namely that it has no yield.”
USAGOLD note: This article features the thinking of Capital Economics’ Ross Strachan (quoted above from that article).
Repost from 10-25-2019
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