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.

10 Outrageous 2020 Predictions

tarot 4579146 64010 Outrageous Predictions 2020 -Saxo Bank
"Continuing almost two decades of tradition, our experts have made 10 Outrageous Predictions for the year ahead. Their consensus-smashing forecasts would send shockwaves through the markets, if they come to pass. So will they prove pure fantasy or visions of reality?

Read more: 10 Outrageous 2020 Predictions

A Technically Bullish Gold Outlook

www.maxpixel.net Gold Design Ounce Sticker 2588581Gold Outlook 2020 -FX Empire
"Technical analysts seem to be painting a bullish picture with 2019's mid-year breakout laying the groundwork for even higher prices in 2020. The bears are watching the 10-year yield, the bulls, the chart pattern. The two will work together to produce a strong rally if signs of recession re-emerge next year....

Read more: A Technically Bullish Gold Outlook

What If China Trade Deal Fails?

640px President Trump at the G20 48162296741How jittery investors would respond if Trump doesn't reach a trade deal with China -The Hill
"President Trump's off-the-cuff remark yesterday that a trade deal with China could be delayed until after the U.S. elections in 2020 spawned a large stock market sell-off. While markets have since recouped some of the losses amid hopes that a deal will be reached, the reaction to Trump’s statement raises the specter of what might happen if there is an impasse.

Read more: What If China Trade Deal Fails?

2020: An Election Year Recession?

Recession christamsElection Year Recession? -Levisohn/Barrons
"President Donald Trump said that he'd be happy to wait on a trade deal until after the 2020 election. Did he just make a 2020 recession more likely, and in an election year at that?....My main argument...The economy isn't nearly as strong as it looks and a soft landing is not assured....

Read more: 2020: An Election Year Recession?