January 27, 2020

Gold begins the week up, currently trading at $1,580, as the corona virus continues to spread, and its death toll continues to rise.  Nearly 2,900 cases have been confirmed and 81 people have died, all of whom have been in China.  Stocks are tumbling on the possible economic impact of the virus as well as new data showing global GDP grew only 2.9% in 2019, its lowest level since 2009 during the last financial crisis.