Gold is set to stay strong for the next six to 12 months, economist says

CNBC/Shriya Sharma

“A host of global factors mean gold’s price is set to maintain its strength at least for the next six to 12 months, according to an economist from a top Singapore bank. ‘The world right now is in a precarious state and gold is due to benefit from this situation,’ said Howie Lee, economist at Oversea-Chinese Banking Corporation.”

USAGOLD note:  With the world – from Asia, to Europe, the United States and a long list of emerging countries – now acutely attuned to gold ownership, it might not be long until we begin to see strains on the limited physical supply.

Re-post from 8-7-2019

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