Gold Is The Best Performing Asset In 2020 YTD: +15% in USD, +18% in EUR and +23% in GBP

2020 Asset Performance Table  (Finviz)



◆ Gold is 15% higher in dollars, 18% higher in euros and 23% higher in sterling year to date as safe haven demand sees gold act as a hedge again.

◆ Silver has under-performed gold in the short and medium term and is only 1% higher year to date in dollars, 4% in euros and 9% higher in British pounds.

◆ The gold silver ratio has fallen from 125 to 100 as silver starts to outperform gold again as it does in gold and silver bull markets. Silver remains very undervalued versus gold, versus property markets and versus risk assets in general.

◆ Gold is now outperforming the 30 year US bond and is the best performing asset in 2020 year to date in all currencies. It is even outperforming the tech giants with the Nasdaq 100 only 6.8% higher year to date.

◆ Stock markets have fallen sharply and risk assets in general including the tech monopolies and property markets are vulnerable as the global economy contracts massively.

◆ Government bonds including U.S. Treasuries are also vulnerable given the strong possibility of a sovereign debt crisis in the increasingly bankrupt U.S. and increasingly bankrupt world.



NEWS and COMMENTARY

Gold steady, firm dollar offsets recession support

Venezuela files claim to force Bank of England to hand over gold

S&P stumbles as Moderna sinks on report questioning trial results

C.B.O. now forecasting 38% decline in GDP in Q2, with 26 million fewer people employed

Euro rallies on Franco-German proposal for recovery fund: 500 billion euros

‘We are fully prepared to take losses’ on coronavirus bailouts, Mnuchin says

G7 finance ministers discuss accelerating economies as countries reopen: U.S. Treasury

What matters most in gold and silver – Butler

GATA asks CFTC if it has ever audited Comex gold

Gold Price Analysis: Probes $1,750 as US dollar stays sluggish



Gold in USD – 3 Days




Watch and Read Other Key Points From Interview Here



GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

19-May-20 1735.25 1737.95, 1416.14 1418.34 & 1584.11 1589.01
15-May-20 1734.85 1735.35, 1422.06 1427.67 & 1604.39 1602.60
14-May-20 1716.40 1731.60, 1403.67 1420.09 & 1587.84 1603.98
13-May-20 1699.85 1708.40, 1383.85 1394.74 & 1568.11 1573.09
12-May-20 1703.45 1702.40, 1381.84 1379.80 & 1574.50 1565.87
11-May-20 1698.80 1702.75, 1375.35 1378.55 & 1570.20 1571.81
07-May-20 1688.65 1704.05, 1366.29 1387.78 & 1565.21 1582.38
06-May-20 1698.90 1691.50, 1373.56 1366.73 & 1574.71 1564.13
05-May-20 1696.30 1699.55, 1363.83 1363.72 & 1566.36 1562.91
04-May-20 1703.70 1709.10, 1371.14 1374.63 & 1558.72 1563.83
01-May-20 1673.05 1686.25, 1332.08 1347.15 & 1523.14 1536.68

30-Apr-20 1716.75 1702.75, 1373.92 1361.69 & 1577.86 1568.91
29-Apr-20 1706.00 1703.35, 1371.97 1368.64 & 1569.69 1568.10
28-Apr-20 1708.10 1691.55, 1367.68 1357.98 & 1571.11 1559.27
27-Apr-20 1717.25 1714.95, 1381.36 1380.19 & 1582.96 1581.18


Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here


NOTE: Inbound deliveries to our Loomis and Brink’s vaults in Zurich, Singapore, London and Dublin have resumed and to ensure liquidity, investors can move their assets to our vaults from safe deposit box companies, bullion stored with banks or digital gold platforms or ETFs.

We have resumed buying non stored bullion again and are buying gold and silver coins and bars at attractive premiums. Please email us for shipping instructions to vaults: support@goldcore.com


Please share our market updates with family, friends and colleagues in order to protect their financial well-being

Be well !


Mark O'Byrne

Also on news-goldcore-com

Videos

The Black Friday Stock Market Crash – Gareth Soloway

Inflation Is Everywhere – Kevin Muir Macro Tourist

Uranium Squeeze AND the Case for Gold – Amir Adnani

Blog posts

The Black Friday Stock Market Crash – Gareth Soloway

Black Friday 2021 saw the largest stock market sell-off since 1931. Is this the start of a bigger crash, has the trend changed or is this just a one-time blip? We ask Gareth Soloway of InTheMoneyStocks.com what his charts are suggesting and why he is so bullish on gold Watch the Video to Learn More […]

READ MORE

Why Governments Hate Gold

Do governments hate gold?  The answer: Yes — Governments hate gold because they cannot print it, and it is difficult for them to control. Because they cannot print it or easily control it, gold has little use to them during the never-ending schemes to tax and then redistribute wealth. India is a recent example of […]

READ MORE

Gold and Bitcoin- Besties or Enemies?

Below is a graph of the gold price and Bitcoin since the beginning of the year. Many of the investors in gold and Bitcoin agree that money printing by central banks should stop. They also agree that governments should help people with special programs during a crisis but that once a crisis ends the government […]

READ MORE

Featured

Silver – 7 Reasons it is Still Set to Soar

READ MORE

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

How High is Too High for Rising Government Bond Yields?

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

The Black Friday Stock Market Crash – Gareth Soloway

Inflation Is Everywhere – Kevin Muir Macro Tourist

Uranium Squeeze AND the Case for Gold – Amir Adnani

Blog posts

The Black Friday Stock Market Crash – Gareth Soloway

Black Friday 2021 saw the largest stock market sell-off since 1931. Is this the start of a bigger crash, has the trend changed or is this just a one-time blip? We ask Gareth Soloway of InTheMoneyStocks.com what his charts are suggesting and why he is so bullish on gold Watch the Video to Learn More […]

READ MORE

Why Governments Hate Gold

Do governments hate gold?  The answer: Yes — Governments hate gold because they cannot print it, and it is difficult for them to control. Because they cannot print it or easily control it, gold has little use to them during the never-ending schemes to tax and then redistribute wealth. India is a recent example of […]

READ MORE

Gold and Bitcoin- Besties or Enemies?

Below is a graph of the gold price and Bitcoin since the beginning of the year. Many of the investors in gold and Bitcoin agree that money printing by central banks should stop. They also agree that governments should help people with special programs during a crisis but that once a crisis ends the government […]

READ MORE

Featured

Silver – 7 Reasons it is Still Set to Soar

READ MORE

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

How High is Too High for Rising Government Bond Yields?

READ MORE