The great gold and silver bull market is on
Degussa Market Report/Thorsten Polleit
“It is against this backdrop that we remain bullish on precious metals. We believe (and of course acknowledge the uncertainty that surrounds such a statement) that the price of gold could reach 2,450 USD/oz towards the end of 2021 (based on current prices, a 32% gain); the silver price could go up to 47 USD/oz (+87%); the price of platinum may increase to 1,280 USD/oz (+17%), and the price of palladium may well hit 2,710 USD/oz (+14%).”
USAGOLD note: That backdrop is radically aggressive monetary policies across the globe to combat the economic ill-effects of the coronavirus. We cited this report in yesterday’s DMR and repost it here for those who may have missed it.
Repost from 1-21-2021