According to analyst and investor Peter Schiff, the new record values ​​of 2020, which many experts predict, may exceed the maximum values ​​of 2019. The upcoming US presidential election will affect the growth of yellow precious metals.
According to economist David Rosenberg, investors should seek refuge in gold and investing in emerging markets. He is confident that an economic downturn is approaching the world, even despite the growth of the US stock market and the weakening of the trade conflict between China and the United States.
In an interview with Bloomberg, Rosenberg asks one question: “If everything is fine in the financial markets, then why should the Fed lower interest rates? Why did we have to start the quantitative incentive program (QE4), although it is officially called differently? ”
In his opinion, every investor who plans to save his capital from losses during the next financial crisis should own gold.