by Frank E. Holmes
Gold and gold stocks are among the highest performing assets of 2020 so far as investors seek a haven amid the coronavirus-fueled rout, and as central banks and governments around the world roll out unprecedented monetary and fiscal measures in an effort to mitigate the economic impact of the “Great Lockdown.”
That’s the name the International Monetary Fund (IMF) has given this uncertain period, and I believe it may stick. The IMF added that the “world economy will experience the worst recession since the Great Depression,” with global economic growth this year projected to fall to negative 3 percent.
This highlights the importance of protecting your family’s wealth right now, which savvy investors have historically managed to do with gold and precious metals.