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Analyst Predicts ‘Prolonged and Substantial Gold Bull Market’ — Eyes $7,000 Price

Started by Bitcoin, May 28, 2024, 04:44 am

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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, […]

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