From a macroeconomic perspective, several of the longer-term problems that would be bullish for gold will likely manifest in 2020, including a recession and an escalation of the trade wars tensions with China, this according to Peter Hug, global trading director of Kitco Metals.
“From a physical perspective, if you’re an investor from a medium to longer term perspective, you just stay with this market and if your holdings are under your percentage allocation that you were looking to apply to your portfolio from the perspective of gold, then you just add to the position at these levels because I think 2020 is going to be a very, very volatile year and I think it’s going to be very positive for the metals,” Hug told Kitco News.
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Dwayne “The Rock” Johnson joins Ariel Helwani to discuss what it was like to walk out in front of the crowd at Madison Square Garden for UFC 244: Jorge Masvidal vs. Nate Diaz. (6:14) Johnson says he was surprised by the stoppage, but understands the doctor’s concerns over the cuts around Diaz’s eye. (8:40) Johnson also shares the advice he gave Masvidal and how impressed he is with Masvidal’s character and fighting style. (11:50) The Rock later discusses his upcoming film project, where he will play UFC fighter Mark Kerr, and explains how much the role means to him.
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