Chen Guo: U.S. Move to Suppress Long-Term Yields Bodes Well for Gold, Crypto and RMB Assets

According to Wallstreetcn, Chen Guo, deputy director of Dongfang Wealth Securities Research Institute and chief strategist, said the U.S. moved as expected to suppress long-term yields, which is positive for gold, digital currencies and RMB assets, while also benefiting gold stocks, nonferrous metals, pharmaceutical stocks, staple consumer stocks, dividend stocks and stable-growth blue-chip stocks.