MIDAS February Portfolio Update

Posted On Feb 12, 2021 By Dan Amoss

The European Central Bank is slowly destroying its banking system with negative rates, and Fed officials have indicated that they want to avoid negative policy rates. If yields on the 1-year or 2-year Treasury note yield turn negative in the months ahead, it’s likely to rekindle investor interest in gold as a Treasury substitute. For now, Dan gives guidance on all the open positions in the portfolio.