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E.B. Tucker correctly predicted $2,000 gold price; he now sees this year-end target As gold prices breached $2,000 an ounce and continue to march higher, one analyst sees momentum continuing all the way to $2,500 by year end. E.B. Tucker, director of Metalla Royalty and Streaming and author of “Why Gold, Why Now? The War […]
After $2,000 gold price, $4,000 is next – Frank Holmes doubles down on call The fiscal and monetary conditions have never been stronger for gold prices, and while the yellow metal already broke records this week by hitting $2,000 an ounce, Frank Holmes, CEO of U.S. Global Investors, doubled down on his $4,000 an ounce […]
Gold price has another $200 to go after soaring past $2,000 — analysts Bullish momentum in gold took prices above $2,000 an ounce, the rally could have another $200 to go before seeing a slowdown, according to analysts. December gold futures jumped to a new all-time high of $2,024.40 an ounce on Tuesday, last trading […]
Gold eases as dollar firms – virus fears cap losses Spot gold was down 0.2% at $1,973.54 per ounce by 0026 GMT. It hit an all-time high of $1,984.66 in the previous session. Reuters Gold prices edged lower on Tuesday as the dollar strengthened and risk appetite improved after positive U.S. economic data, while fears […]
Gold price hits new record highs, but $2,000 proves strong resistanceNews Bites Gold is on a cusp of $2,000 an ounce level. Can the yellow metal continue its historic price rally and breach this level, and more importantly, trade above it? At the time of writing, spot gold was trading at $1,979.10, up 0.11% on […]
Why this investor sold everything for 100% gold two years ago and what he’s saying now David – http://markethive.com/david-ogden
It's a 'challenging time' for gold companies that need to grow – B2Gold B2Gold (TSX:BTO) is a mid-tier gold company with mining operations in diverse locations: Philippines, Mali, Namibia and Nicaragua. The Vancouver-based company forecasts between 1,000,000 and 1,055,000 ounces in 2020. Johnson said the low precious metal prices of the past decade, plus […]
Official currencies are no longer a store of value says analysts Investors should brace for the reality that as currencies race to the bottom, the only way to preserve wealth is to buy gold and silver, said analysts at Degussa in a report Thursday. “For long-term oriented investors, gold and silver should be considered not […]
An impending equity bear market will ultimately push gold price to $4,500 – Bloomberg Intelligence The Federal Reserve has pumped trillions of dollars to stabilize the U.S. economy and financial markets devastated by the COVID-19 pandemic. With that trend expected to continue for the foreseeable future, one market strategist said the best way not to […]
Does current gold price make sense? McKinsey warns these sectors destroyed permanently As gold prices breached new all-time highs, confidence in the yellow metal signals to investors a desire to break away from the U.S. dollar, said Ken Hoffman, senior expert at McKinsey. “The world is trying to get away from the dollar. You’ve seen […]
