With the effects of the spread of COVID-19 still taking shape across the world and all of us experiencing dramatic changes to our daily lives, we wanted to let you know that Precious Metals International, Ltd. (PMI) is thinking of you and hoping that your loved ones are safe and well.
China has taken full advantage of the chaos in the U.S., using the footage of U.S. police trying to control the violence and looting in their own cities as justification for Beijing’s stance against, and treatment of, protestors in Hong Kong.
Conforme más países comienzan a relajar las restricciones y hacen seguimiento a una posible segunda ola del brote, la incertidumbre alrededor de la COVID-19 continúa.
COVID-19 continues to generate uncertainty however as more countries begin easing their lockdowns and undertake monitoring for a potential wave of secondary outbreaks.
In the stock market’s four worst bear markets, ones that included a major second leg down, the gold price has risen every time.
Could it happen again?
Conforme los estados reanudan la provisión normal de bienes y servicios, los funcionarios de la salud observan con inquietud las estadísticas para determinar si una segunda ola de infección de COVID-19 podría estar en ciernes.
“Even as businesses see a resumption in customer traffic, many in the U.S. appear to be having trouble getting their employees to come back to work.”
The gold price is up another 2% since my last update on May 1st, trading today at $1736/oz USD. Analysts are making bullish predictions for the price almost daily and the ETF inflows have been net positive for the last 20 trading sessions.
La COVID-19 y las repercusiones de la pandemia mundial se mantienen como la principal inquietud de todos los mercados. En los Estados Unidos, el aumento de las tensiones continúan conforme los ciudadanos expresan su descontento por las extensiones de las medidas de confinamientos y la remoción de sus libertades.
The escalating tensions have many market analysts worried that the trade war between the U.S. and China which began before the outbreak could escalate into a full-scale and global event.
We can actively choose solutions that will help us weather the pandemic and its fallout, as well as prepare us for its ending, whenever that may be and however it may look.