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Neils Christensen

Neils Christensen


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Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at @Neils_c

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Gold going to $3,000 as U.S. deficit rises sharply as a percentage of GDP - WingCapital Investments

(Kitco News) - Season factors like quieter summer months could weigh on gold prices in the short-term, but one Asian trading firm sees long-term potential for the yellow metal.

It won't take much to drive silver prices higher as gov'ts print money - Americas Gold and Silver

(Kitco News) - A $2 trillion economic aid package continues to work its way through Congress and many investors are starting to look at the cost to fight the spreading coronavirus with one mining CEO saying that it will be good for precious metals prices.

Gold price ignores muted PCE inflation and rise in February personal income data

(Kitco News) -Gold prices remain under pressure but is seeing little reaction to data showing that U.S. consumers were in a relatively healthy space seeing their income grow before the spreading coronavirus significantly damaged economic growth.

Gold is doing its job in an economic crisis - Franklin Templeton

(Kitco News) - Although the gold market this past month has suffered from massive volatility one firm says that the yellow metal has done its job amidst a health and economic crisis.

Look for quick rebound in gold and miners once COVID-19 crisis passes - CIBC

(Kitco News) - A continued uptrend in gold prices and healthy balance sheets will help mining companies weather the economic storm created by the spreading coronavirus, according to market analysts.

'We are in a moment of statistical unknown' - iTrustCapital

(Kitco News) - The fear and economic impact of the spreading coronavirus has been compared to both the Sept. 11, 2001 terrorist attacks on the U.S. and the 2008 financial crisis; however, one economist says that the latest emergency has elements of both and it even resembles the sentiment from the Y2K scare at the start of the new millennium.

Gold prices down but ignore mixed U.S. durable goods data

(Kitco News) - Gold prices are under pressure but continue to see little reaction to dated economic data following mixed numbers in the U.S. manufacturing sector.

CME resolving physical gold squeeze with delivery of 100-ounce, 400-ounce and 1-kg bars

(Kitco News) - Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.

Gold miners should be able to weather coronavirus storm - Gabelli Gold Fund

(Kitco News) - Like the rest of the world precious metals mining sector has not proven itself susceptible to the impact of the COVID-19 global pandemic; however, companies still look resilient as the virus takes its toll on the global economy, according to one investment firm.

South African mine closures push palladium prices up 15%, platinum jumps 11%

(Kitco News) - Prices for platinum group metals are bouncing higher Tuesday as the physical market is expected to become a lot tighter as South Africa prepares to shut down its mines in its effort to slow the spread of the coronavirus.