Kaplan: Macro stars are aligning for a major gold rally
“Kaplan said he believes the uncertainty in the macros will drive investors to seek out an asset that can be owned outright, is a proven hedge against the debasement of fiat, and is capable of producing returns. And because the world’s gold supply is limited, he thinks gold has nowhere to go but up. ‘The macros will determine whether gold stays within the $3,000 to $5,000 range, or potentially multiplies from there,’ he said.”
USAGOLD note: Checking-in with Thomas Kaplan (Electrum Group) and his latest assessment of gold market potential . . . . .
Repost from 12-16-2019