EVN 6.82% $5.01 evolution mining limited

Gold Expected to go US$2000, page-2

  1. 2,047 Posts.
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    it's almost a consensus view now that gold will break new highs within a year or so, I agree, this bull run is very powerful, wouldn't want to be short, but just consider this scenario at some stage next year:

    -the virus dissipates
    -unemployment drops, people get back to work, new jobs are created
    -fiscal stimulus starts to create some inflation, but not too much (no hyperinflation)
    -interest rates start moving up, but slowly
    -the Fed starts talking about tapering

    I'm not predicting all these things to happen, but if they do, there's your next gold bear market
 
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