Hong Kong is the biggest geopolitical threat to markets, economist warns

CNBC/Chloe Taylor

“If the situation in Hong Kong escalates badly, if we get a Chinese heavy-handed military intervention, then it would be nearly impossible for the U.S. to conclude a trade deal with China — even a stage one deal — it would be nearly impossible for the EU to do that, so that would prolong the global industrial downturn which is caused by trade tensions.” – Holger Schmeidling, Berenberg Bank

USAGOLD note:  Geopolitical concern in the form of the crisis in Hong Kong is making its way back to the front burner.


Repost from 11-29-2019

This entry was posted in Today's top gold news and opinion. Bookmark the permalink.