Here’s why the largest U.S. bank is bullish on gold prices

inVEZZ/Michael Harris/5-21-2020

graphic image of a gold bull against blue background with arrows pointing higher“Following the month when the largest monetary and fiscal packages in history were unveiled, the U.S. banking giant JPMorgan Chase & Co believes there’s only one winner going forward, and that’s gold prices.”

USAGOLD note:  The only winner?  Though we do believe that gold should be purchased as a hedge under the current onslaught of financial market uncertainty, we do not think it will be the only asset that rises to the occasion. We do, however, think it might be the most reliable option on the table  – along with silver.

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