A mix of geopolitical and economic uncertainties will likely create the perfect storm for precious metals and miners next year, said Brent Cook of Exploration Insights. “Volatility and chaos will be the theme [next year]. We’ve got BREXIT, Italy, German politics, Saudi Arabia, U.S.-China tariffs, they’re arresting people in Canada, we’ve got an unstable narcissist in the White House that’s being backed into a corner capable of doing anything, bear market beginning, and I think the interest rates are going to be slowing,” Cook told Kitco News. Cook said that all these risks should bode well for gold and gold miners next year, with miners outperforming the bullion.
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