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Enjoy part 1 of this interview on stocks:
Harry Damage, owner of HS Damage, is asking for gold to see its last rally to $2,200 an ounce next year before being up to multi-year lows. After 2022, the brand-new lows ought to provide a new purchasing opportunity. "From 2022 on, I 'd be buying gold hand in fist, it's going to hold up better than most commodities," he said.
" I'm anticipating gold to rise … when this situation starts to build next year, it's visiting even more stimulation, it's mosting likely to rise in the beginning. I have a target of $2,200," Damage claimed. "$ 2,200 is the strong resistance in the coming months and then crash back down to its 2015 lows, around $1,000.".
0:00 – Gold price projection.
5:06 – Gold and rising cost of living.
6:49 – Dow/ Gold proportion.
10:01 – What possessions to get after that?
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Gold price will see strongest boom in history after ‘reset’ at this level – Harry Dent (Pt. 2/2)
Watch part 1 of this interview on stocks: https://youtu.be/f6Xoown-P54
Harry Dent, founder of HS Dent, is calling for gold to see its final rally to $2,200 an ounce next year before falling to multi-year lows. After 2022, the new lows should present a new buying opportunity. “From 2022 on, I’d be buying gold hand in fist, it’s going to hold up better than most commodities,” he said.
“I’m expecting gold to go up…when this crisis starts to build next year, it’s going to see more stimulus, it’s going to go up at first. I have a target of $2,200,” Dent said. “$2,200 is the strong resistance in the coming months and then crash back down to its 2015 lows, around $1,000.”
0:00 - Gold price forecast
5:06 - Gold and inflation
6:49 - Dow / Gold ratio
10:01 - What assets to buy then?
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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