Gold prices could rise to the $1,550-$1,700 range, CIO says


“If you look at almost any market that has been going sideways for a long, long time, and it breaks out, it normally goes significantly higher because people are re-positioning their portfolios and so you would look very easily at $1550 to $1700 per ounce  in the next move.” – Juerg Kiener, Swiss Asia Capital (Singapore)

USAGOLD note:  Kiener goes on to say that “gold is a very attractive portfolio tool”. . . . .This interview is well-worth the visit for a concise analysis of where gold might be headed and why. From an analyst who cuts through the noise in the gold market to focus on the fundamentals –

Repost from 6-26-2019

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