3 reasons the gold rally is unlikely to reverse soon

Barron’s/Evie Liu/6-27-2019

“‘If gold holds above the $1,400/oz trading level over the course of this week, we believe there is a very good chance that this could mark the beginning of a new gold bull market,’ wrote VanEck portfolio manager Joe Foster on Monday. ‘In any case, it appears gold has entered a higher trading range.’ Here are a few reasons the rally is likely to continue.”

USAGOLD note:  The three reasons given might surprise some . .  . particularly the third – “Inflation won’t be low forever.”  Worth the visit at the link above. . . .

This entry was posted in Gold and Silver Price Predictions from Prominent Players, Today's top gold news and opinion. Bookmark the permalink.