CORAL GABLES, FL / ACCESSWIRE / April 2, 2020 / The top website for all things penny stocks, PennyStocks.com just released a new, exclusive & informative article titled: Why Are Gold Penny Stocks A Must For Your Portfolio Right Now? The team at PennyStocks.com explains why now is the best time to be looking for junior gold penny stocks.
Within this article, PennyStocks.com states how: 'Slowing global economies, 0% rates, low yields; these are just a few things that come to mind when searching for a perfect time to buy gold stocks. While no one has a crystal ball, you can't ignore the fact that gold stocks are something investors seek out during times of economic uncertainty. We believe that time is now and the current market is already showing early signs of what's to come, in our opinion. There could be a mounting domino effect in the works right now. The main cause: COVID-19.'
The top site for all things penny stocks continues: 'Gold's ‘outlook remains bullish as the world adjusts to never-ending promises of monetary easing, but the next rally may be more of an escalator ride than elevator one,' said Edward Moya, senior market analyst at Oanda, in an interview. Some have compared this latest trend to that of 2008 when the last gold boom saw companies like Newmont Corporation (NYSE:NEM)(TSX:NEM) soar to record highs at the time. This could be a calm before the storm.'
Read the article from PennyStocks.com titled: Why Are Gold Penny Stocks A Must For Your Portfolio Right Now? <<
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