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Gold

The perfect economic storm to stack up on gold

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Seeking Alpha/Man Yin To/9-1-2020

photo of a full moon rising over the mountains“Recently, gold has seen a lot of movements and volatility. With its price is about to return to the level of $2,000, could it be the right time to take profit now, or is it better to wait until it records a new high? If I were you, I would simply buy-and-hold and completely ignore the negligible fluctuations, because I am telling you that gold could hit $14,000 or even more. It is understandable that it may sound a little bit speculative, but consider the rise of value will not be linear but exponential.”

USAGOD note: If nothing else Yin To offers some interesting reading at the link even if you think his price target a bit of a moon shot.