A recent spate of news concerning the deteriorating relations between the U.S. and China has sent investors scurrying to the safety of the precious metals. In this report, we’ll look at how financial market weakness and geopolitical concerns involving China typically result in higher gold prices. I’ll make the case here that the latest trouble involving the U.S. and China will prove no exception, with gold’s intermediate-term (3-6 month) rising trend expected to persist and with the silver price finally showing sympathetic strength.
“The credit of the Roman money market,” wrote Cicero, “is intimately bound