One Robust Market Sector Coronavirus Can’t Infect

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Sadly, COVID-19, the disease caused by the novel coronavirus, may become a pandemic. It’s certainly had economic effects of pandemic proportions, causing major financial setbacks for anyone doing business in and with Asia.

We’re even feeling it here at The Oxford Club.

Marc Lichtenfeld, the Club’s Chief Income Strategist and a renowned dividend expert both here and abroad, just let me know that his speaking engagement in Tokyo at the end of March was canceled. He was to speak in front of more than 600 Japanese investors on his bestselling income strategy.

COVID-19 is wreaking havoc for sure. But here’s what frightens me more and where we should be paying attention as investors.

So far, COVID-19 is nowhere near as deadly as influenza, which has killed more than 10,000 Americans this flu season. Yet China’s communist government is showing how unprepared it is to deal with such an emergency. Its powerful economy just came to a halt. The global response is propelling economically weak countries like Japan into recession.

In a world already challenged by weak growth, high debt and low interest rates, I expect we’ll continue to see downturns not just in electronics and in tourism, but in sectors you may not expect. Global beer sales are already down, for example.

But there is good news in one market: gold.

See the chart below published this week by expert and top financial analyst and writer Andy Snyder. Andy is the founder of Manward Press, a publishing company that serves as a Pillar One Advisor to the Club. He is also the Editor of Andy Snyder’s Alpha Money Flow.

Andy recently published an excellent piece on the effect of coronavirus on gold. And he gives his three main predictions for the 2020 market:

1. The S&P 500 will be flat this year.
2. According to Andy, “The press hardly mentions the fact that gold has been on a bull run since September of 2018.” Andy believes that this bull market in gold will continue, which is supported by the fact that gold recently surged past $1,600 an ounce.
3. There will be great opportunities to make money trading this market for short-term gains.

You have free access to Andy’s full Manward Digest article here.

Andy’s also our guest today on Market Wake-Up Call.

Listen in as Andy goes more in-depth about how to trade 2020’s flat market for profits and preservation of capital. (To view Andy’s latest presentation, click here.)

Andy has an award-winning track record, with recent gains of 202% and 230% just since the start of the year. So you don’t want to miss this insightful discussion today on how you can navigate a global economic downturn.

As Andy said to me earlier this week, “Gold is up $50 this week, and yields are plunging today with a new record on the 30-year Treasurys. It’s my kind of market!”

Enjoy your Sunday,

Julia