Key News Overnight:
Economies continue to halt globally due to Covid-19.
The ASX 200 rallied 13%+ intraday on Friday to finish up 4.4%.
All major US indexes finished Friday up over 9%.
The Trump administration declares Coronavirus a national emergency.
The FOMC said in a statement that rates will stay near zero until it is confident that the US economy has weathered recent events.
The gold price fell to US$1,515.70/oz.
In This Issue:
Gold Sector | In gold we trust, coming out of a bust | Analysts | James Wilson, Matthew Keane
Perenti (PRN) | Suspends evaluation of Downer Mining | BUY | Analyst | Ian Christie
Sandfire Resources (SFR) | Significant Montana permitting milestones | BUY | Analyst | Matthew Keane
Industrials – Survival kit for uncertain times | Merdeka Copper Gold (IRD:MDKA) | Tietto Minerals (TIE) | Austal (ASB) | De Grey Mining (DEG) | CTI Logistics (CLX)
Please read Argonaut’s Important Disclaimers & disclosures
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