Why this analyst says the US dollar will go down in 2020 with gold the best hedge

TheNational/Nada El Sawy-Davis Hall

“What’s really interesting is if you look at the year-to-date returns on currencies and precious metals, the top four vis-à-vis the US dollar are palladium, gold, silver and platinum. Non-yielding physical assets are outperforming the paper fiat currencies, which are essentially IOUs.”

USAGOLD note:  Indosuez Wealth Management’s Davis Hall offers some interesting commentary on where the global economy could be headed and why the firm has been “very, very positive on gold.”

Repost from 11-24-2019

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