ANZ on the moves in 'non-yiediling' assets (gold and silver would fall into that category):
- The spectre of (government) … stimulus packages has pushed investors back into non-yielding assets like gold
- The likelihood of interest rates remaining low for the foreseeable future and a weaker US dollar have really boosted investor appetite.
The themes highlighted by ANZ have been in place for many months now - its not the first time ANZ have mentioned these, and many others also.
