Lower Oil Prices are ‘Economic Stimulus’, Gold Producers ‘Struggling’ to Maintain Supply

Axel Merk covers the commodity market, saying lower oil prices are a type of “economic stimulus,” and it could be doing “some of the Fed’s job.” Looking at gold and silver, he notes that gold prices are reacting to other drivers as investors look for safety, while silver has industrial uses. Gold is his core focus, noting that big producers are struggling to keep up supply, forcing names like Barrick Gold (GOLD) to expand into copper.

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