Gold prices could soar to $2,000 next year, says strategist

CNBC/Eustance Huang

Graphic image of $2000 per ounce“’Gold is a good alternative currency because it’s safe, and because it costs nothing to own it compared to paying negative rates on deposits,’ Roche said. As a result, gold prices will likely touch $1,600 before the end of this year, before moving higher to $2,000 next year, he said.”

USAGOLD note: This CNBC article ends with an insightful piece of analysis from David Roche.  Worth the visit. Roche is the latest to join the “$2000 per ounce club.”

Repost from 10-3-2019

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