Respected Global Macro Researcher James Bianco (Not A Gold bug) Says Gold to $1900 By End of 2019

By Wall St. For Main St. / August 29, 2019 / marketsanity.com / Article Link

James Bianco, president of global macro research firm, Bianco Research https://www.biancoresearch.com/visito..., is not normally thought of as a gold bug.

Read James' bio here: https://www.biancoresearch.com/about-us/

However, Bianco recently did an interview where he says that gold prices rising in US Dollars has a near perfect correlation with the rise in negative yielding debt globally. And that gold is the main beneficiary of zero interest rate policy (ZIRP), negative interest rate policy (NIRP) and other craziness in the global economy thanks to central banks.

Bianco Warns "Negative Rates Are Extremely Toxic", Sees Gold At Record Highs By Year-End https://www.zerohedge.com/news/2019-0...

Bianco even thinks that gold prices in US Dollars could even end 2019 at $1900/oz!

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason's work at his blog website at www.jasonburack.com.

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