GOLD 0.51% $1,391.7 gold futures

hi a little something to cheer you guys up, keep the faithk i t...

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    hi a little something to cheer you guys up, keep the faith
    k i t c o dot com
    https://www.*****.com/news/2021-03-04/This-is-when-gold-price-reverses-Goehring-Rozencwajg-on-15K-gold.html

    $15K gold

    Before the end of the current bull cycle, gold could reach $15,000 an ounce, and that is a conservative estimate, Goehring & Rozencwajg managing partner said.

    "We still believe we will see a $15,000 gold price before this gold bull market is over. For patient investors with long-term horizons, we recommend aggressive accumulation of both gold and silver on any price weakness over the coming months," he said. "The relationship that we look at is the amount of money that has been printed and the gold price."

    The trigger will be recognition by federal governments of the precarious financial conditions they are in, which will lead to direct monetization. "This direct debt monetization could set off the massive inflationary problem as soon mid-decade."

    Last edited by pete11: 06/03/21
 
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