Gold & Silver Measured Moves

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We believe the early Q2 2020 earnings data may shock the markets and cause the metals markets to rally. Initially, though, the metals may move a bit lower as the markets contract from the shock. This should be short-lived as metals have already rallied to a point where investors know the fear of the shock should act to propel metals above recent momentum base levels.

Watch how Silver moves compared to Gold. Silver has already started to move more aggressively higher than Gold. Once the real parabolic move begins, Silver will begin to skyrocket much higher than Gold on a percentage basis. We should know how the metals will react to the economic data fairly quickly. If you have not already hedged your portfolio into precious metals or miners, we suggest establishing a 15% to 25% protective hedge at this time.

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Moon Kil Woong 1 year ago Contributor's comment

The US with 8.133 tons of gold followed by Germany and China.

Moon Kil Woong 1 year ago Contributor's comment

The last thing one should seek to encourage is governments to hoard gold rather than help their citizens. And countries remain the biggest hoarders of gold, seeking to store it rather than use it productively for their people.

Barry Glassman 1 year ago Member's comment

Which country is the largest hoarder of #gold? China?