Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

The increased forecasts are driven by rising fears about the dollar's long-term future as the world's key reserve currency, and expectations of continued rock-bottom interest rates.
July 28, 2020 0 Comments
Yale Economist Warns of Dollar Crash

Yale Economist Warns of Dollar Crash

The coming collapse in saving points to a sharp widening of the current-account deficit, likely taking it well beyond the prior record of -6.3% of GDP that it reached in late 2005. Reserve currency or not, the dollar will not be spared under these circumstances. The key question is what will spark the decline?
June 15, 2020 0 Comments
Silver scores biggest monthly gain in 9 years as U.S.-China tensions boost gold prices

Silver scores biggest monthly gain in 9 years as U.S.-China tensions boost gold prices

Silver futures on Friday posted a gain of nearly 24% for the month, the largest since 2011, with the industrial metal finding support as global economies continue to reopen from pandemic-related shutdowns.

Gold futures, meanwhile, rose for Friday’s session buoyed by U.S.-China tensions and global monetary stimulus measures.
May 29, 2020 0 Comments
Gold to Reach $3,000—50% Above Its Record, Bank of America Says

Gold to Reach $3,000—50% Above Its Record, Bank of America Says

The bank said in a report last week that gold ’s technical momentum could drive prices to an all-time high this year; in a new report published Tuesday, analysts have officially increased their bullish outlook, saying that gold prices could hit $3,000 within 18 months, a 50% increase from its previous forecast.

April 23, 2020 0 Comments

Get Your Free Investment Kit

Free Investment Kit
To receive your free kit please fill out the following form.
All form fields are required
CAPTCHA image

           

Categories