Outlook 2020 | Buy Gold and Silver To Hedge Massive Risks including U.S. ‘Insolvency’

GoldCore • by Mark O’Byrne

CEO, GoldCore • Dec 18, 2019 at 2:06 PM EST

In this interview, GoldCore's Mark O'Bryne explains why most analysts including GoldCore are optimistic on both gold and silver.

With late cycle risks and concerns about global growth, many Wall Street analysts are increasingly bullish on gold. Mark O’Byrne, founder at GoldCore spoke to IGTV’s Victoria Scholar about the outlook for gold in 2020.

He explained why most analysts including GoldCore are optimistic on both gold and silver. He also tells IGTV why he thinks palladium is looking overvalued in the near term and that unlike gold and silver, it is not a hedging or safe haven asset.

GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

17-Dec-19 1478.40 1475.80, 1120.63 1121.76 & 1325.24 1323.35
16-Dec-19 1477.40 1477.90, 1106.87 1108.13 & 1325.97 1325.23
13-Dec-19 1470.60 1466.60, 1097.51 1099.07 & 1315.60 1315.10
12-Dec-19 1474.70 1467.80, 1117.82 1116.56 & 1325.02 1319.55
11-Dec-19 1468.05 1466.80, 1116.89 1112.71 & 1324.92 1322.47
10-Dec-19 1464.45 1464.95, 1112.25 1112.04 & 1322.69 1322.26
09-Dec-19 1463.60 1461.70, 1112.04 1111.48 & 1323.09 1320.06
06-Dec-19 1474.85 1459.65, 1122.80 1112.40 & 1328.54 1320.25
05-Dec-19 1474.60 1475.95, 1122.76 1122.31 & 1329.65 1329.54
04-Dec-19 1475.85 1475.10, 1131.53 1125.94 & 1332.54 1327.89
03-Dec-19 1470.40 1477.30, 1132.50 1136.78 & 1328.51 1333.12

Disclosure:

The information in this document has been obtained from sources, which we believe to be reliable. We cannot guarantee its accuracy or completeness. It does not constitute a solicitation for the purchase or sale of any investment. Any person acting on the information contained in this document does so at their own risk. Recommendations in this document may not be suitable for all investors. Individual circumstances should be considered before a decision to invest is taken. Investors should note the following: Past experience is not necessarily a guide to future performance. The value of investments may fall or rise against investors' interests. Income levels from investments may fluctuate. Changes in exchange rates may have an adverse effect on the value of, or income from, investments denominated in foreign currencies. GoldCore Limited, trading as GoldCore is a Multi-Agency Intermediary regulated by the Irish Financial Regulator.

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