November 20, 2019

Gold and silver dipped earlier but have since rebounded on increased trade tension between the US and China.  Concern that phase one of a trade deal will not be completed in 2019 coupled with China’s response to the US Senate unanimously passing a bill supporting Hong Kong protesters suggests that relations are deteriorating.  Equities dropped significantly on the news, with the Dow and S&P 500 both down about 0.90%.