Why Gold and Oil Will Be Real Winners of 2020 – Wells Fargo




from Kitco NEWS

Commodities will be outperformers in 2020 due to a host of fundamental macroeconomic factors, this according to John LaForge, head of real asset strategy at Wells Fargo.

“Gold is really moving very closely with interest rates, particularly the long-end of the curve. So that’s what I would focus on when it comes to gold,” LaForge told Kitco News.

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