ABN Amro bank on Gold and Silver

Today my attention was drawn to an article from the Dutch ABN Amrobank with their predictions for Gold and Silver.

They predict a recovery for the metals as you can read in this article on Kitco.com:
http://www.kitco.com/news/2018-10-09/ABN-AMRO-Keeps-The-Faith-For-Recovery-In-Gold-And-Silver-Prices.html

Although I am always a bit skeptical as it comes to bankers and their view on the precious metals, I know that this bank has some people who are well informed in this market. If we look at their view on the precious metals market for this year, they were pointing at the right direction, with an ever strong recovery of the US Dollar.
We all know that this stronger US dollar was the main driver for lower gold and silverprices this year.

http://www.kitco.com/news/2017-12-05/Ignore-2018-Get-Ready-For-A-Gold-Rally-In-2019-ABN-Amro.html

In both the articles (2017 and 2018) the bank predicts a recovery for the precious metals in 2019 because of their expectation that the US Dollar will weaken and become less favorable, triggering the price of gold towards $ 1,400 an ounce.

I think these articles are nice to read. However do your own study and learn how these markets are evolving and behaving through the years and make decisions based on that.

Enjoy!

PS: 5 months ago I posted an article also reviewing ABN Amrbanks outlook on gold: https://steemit.com/steemsilvergold/@rolf.bakker/confusing-times-or-something-else-going-on