JPM (J.P. Morgan) – plenty of room for Gold to rally

“Gold continues to price in a steep $185-200/oz premium to real yields as we see other factors at play that liken this to the 2011 rally in precious metals. JP Morgan’s Economic Data Surprise Index (EDSI) has been tracking lower since late Spring, and although not yet negative as we saw in 2011H1, its downward trend is weighing on the dollar and 10yr nominal yields. They think there remains plenty of room for gold to rally and possibly pick up an even greater premium to real yields as RoW growth starts to outpace the US”

JPM commodity sales desk

https://themarketear.com/posts/c-7t3DdFzh

Related Post

EDUCATION BEFORE INVESTING

Learn How A Precious Metals IRA Can Secure Your Retirement

The precious metals market may seem intimidating, but it’s not as it seems. Our team has compiled a summary of our tips and information into a free guide so you can learn how to begin securing your future.

TALK TO AN IRA ACCOUNT MANAGER

We Will Guide You Every Step Of The Way

Schedule a Call
Learn Why Everyone Should Own Real Gold & SilverRequest Your Free Step-By-Step Investment Guide

"*" indicates required fields

Name*
I'm interested in (please select all that apply):
Hidden
This field is for validation purposes and should be left unchanged.

Inside this Free Investment Guide

  • How a Gold IRA Gives You Full Control.
  • How You Can Grow Your Retirement.
  • How to Open a Gold IRA Tax & Penalty Free.

Disclaimer

By clicking the button above, you agree to our Privacy Policy and Terms of Service and authorize Oxford Gold or someone acting on its behalf to contact you by text message, ringless voicemail, or on a recorded line at any telephone or mobile number you provide using automated telephone technology, including auto-dialers, for marketing purposes. No purchase required. Message and data rates may apply. You also agree to receive e-mail marketing from Oxford Gold, our affiliated companies, and third-party advertisers. To opt-out at any time click here or reply STOP to opt-out of text messages.