Analysts Are Wrong; Oil and Gold Will Not Outperform in 2020

from Kitco NEWS

Macroeconomic fundamentals are not in oil’s favor next year, this according to Simon Watkins, author of An Insider’s Guide To Trading The Global Oil Market.

“There’s absolutely no reason whatsoever for oil to go up. We’ve already seen massive geopolitical risk increases,” Watkins told Kitco News, adding that there is a cap on gold as well.
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