“In this new world in which both the European Central Bank and the U.S. Federal Reserve continue to unleash new stimulus packages, dramatically increasing the liquidity of cash, combined with a lot of uncertainty, gold will remain in high demand and play a key role in any investor’s portfolio.”
Economist: “The U.S. economy is hemorrhaging jobs at a pace and scale never before recorded. It compares to a natural disaster on a national scale.”
Analyst: “Gold is rising because the opportunity cost of holding bullion is becoming attractive. You can print money but not gold, there are supply limitations.”
“Gold is in a bull market. You’ll be hard pressed to find something else that has this type of price action and this trend going on right now so you naturally have people gravitating towards it.”
Analyst: “The collapse in oil prices has continued today, creating another dash for cash, and no market is being left unscathed.”
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