The post election world and gold’s 2021 outlook
“At the time of this writing, there seems little chance of the bear case scenario coming to pass. Right now, the global situation seems poised somewhere between the base and bull case scenarios.…Gold’s diversification properties may help investors seeking to preserve value in their portfolios during that difficult navigation ahead.”
USAGOLD note: Milling-Stanley’s bear case has gold at $1600 to $1800; the base case at $1800 to $2000 and the bull case at $2000 to $2300. He is the Head of Gold Strategy at State Street Global Advisors.
Repost from 12-18-2020