12.5.19 - 10 Outrageous 2020 Predictions

Gold last traded at $1,479 an ounce. Silver at $16.98 an ounce.

NEWS SUMMARY: Precious metal prices rose Thursday on bargain-hunting and a weaker dollar. U.S. stocks decline despite upbeat employment data amid China trade deal worries.

Who Will Buy 21M Boomer Homes?

key 2323278 640OK Boomer, Who's Going to Buy Your 21 Million Homes? -Wall Street Journal
"Baby boomers are getting ready to sell one quarter of America's homes over the next two decades. The problem is many of these properties are in places where younger people no longer want to live. The same demographics that propelled Sun City, Arizona's rise now pose an existential challenge to this suburb as baby boomers age.

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How We Talk About China Matters

chinese lantern 455760 640How we talk about China - and why it matters -CBC News
"The world is rapidly approaching a crossroads with Beijing, a point where nations will have to decide whether to treat the burgeoning superpower as a trading partner, a rival - or an active threat. Secret Chinese documents were released to media outlets recently which show how the Muslim minority Uighur population is being locked up in mass detention camps and subjected to 'systematic brainwashing.'

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Gold: More Than a Safe Haven Asset

gold is money 2512421 640Why Gold Is More Than a Safe Haven Asset -TheStreet
"Gold, known as the safe haven asset, historically becomes more valuable during times of geopolitical turmoil. Approximately 20% of the above-ground stock of gold reserves is held by central banks and international monetary organizations. In addition, gold and the U.S. dollar typically have an inverse relationship since international gold is dollar-denominated. Weakness in the dollar pushes up gold prices and vice versa, though that has not been the case in 2019 as we have seen the prices of gold and the U.S. dollar increase in tandem....

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