Email of the day - on what a vaccine will mean for gold
Comment of the Day

September 25 2020

Commentary by Eoin Treacy

Email of the day - on what a vaccine will mean for gold

In your opinion, will the introduction of a vaccine(s) be a headwind for the precious metals?

Eoin Treacy's view

Thank you for this question which may be of interest to the Collective. The global economy has experienced a significant shock and millions of people are out of work. The primary way I view the effect of the coronavirus on the economy is as an accelerant. It took trends that have been in evidence for a while and exaggerated them. At the same time, it introduced new challenges which require new solutions.

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