“Gold Is Back Above $1,300 And I’m Shocked It’s Not Much Higher”

Friday, May 31, 2019
By Paul Martin

May 31, 2019

In the midst of the US and China Trade War, one of the greats in the business said, “Gold is back above $1,300 and I’m shocked it’s not much higher.”

“Gold Is Back Above $1,300”
May 31 (King World News) – Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: So this is no more about free and fair trade, reciprocity, and protection of technological expertise. Tariffs can be thrown around as an economic bomb for anything now. Global growth rates will only continue to suffer. Sovereign bonds are loving it as the German 10 yr yield falls to a record low of an astonishing -.21%. Netherlands 10 yr is now below zero and the French 10 yr is down to .21%. The US 10 yr says 2.16% right now and sending its spread to the 3 month to -17 bps and. Gold is finally back above $1300 and I’m shocked that it’s not much higher…

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