Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Gold and more

In today’s briefing:

  • Gold’s Big Breakout – Us$2,000 and Beyond

Gold’s Big Breakout – Us$2,000 and Beyond

By ByteTree Asset Management

  • Last month, I wrote how the last time government bond yields rose above 4%, it brought down the UK government.
  • It happened again, and five banks, including the almighty Credit Suisse, failed.
  • As a result, an old driver of the gold price has re-emerged, which is Sovereign risk.

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