Ross Norman: For gold, 2019 is a lot like 1999
IGUK/VideoInterview of Ross Norman (Sharps Pixley)/1-30-2019
“As the price of gold storms to a new seven month high, Ross Norman, chief executive officer (CEO) at Sharps Pixley, discusses the London Bullion Market Association (LMBA) forecasts for 2019. Norman, who has been the best forecaster amongst the LMBA over the last 20 years, tells IG that he believes $1,360 is the price to watch. He discusses where the demand is coming from and why the retail investor and trader is the missing link.”
USAGOLD note: Ross Norman explains why the situation in 2019 looks a lot like 1999 at the link above and why a breach of $1360 to the upside could turn out to be an important development.
Repost from 2/6/2019