Title: Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price
Post by: Bitcoin on May 28, 2024, 04:44 am
Post by: Bitcoin on May 28, 2024, 04:44 am
Analyst Predicts 'Prolonged and Substantial Gold Bull Market' -- Eyes $7,000 Price
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […]
Source: Analyst Predicts 'Prolonged and Substantial Gold Bull Market' -- Eyes $7,000 Price (https://news.bitcoin.com/analyst-predicts-prolonged-and-substantial-gold-bull-market-eyes-7000-price/)
Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, […]Source: Analyst Predicts 'Prolonged and Substantial Gold Bull Market' -- Eyes $7,000 Price (https://news.bitcoin.com/analyst-predicts-prolonged-and-substantial-gold-bull-market-eyes-7000-price/)