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Gold and silver rates are mosting likely to go higher and end the year over $2,000 an ounce and capitalists should not stress or quibble over some short-term profit taking and also consolidation, according to one fund manager.
In a meeting with Kitco Information, on the sidelines of the Mines and Money Online Link international mining meeting, Adrian Day, CEO of Adrian Day Asset Administration, stated that he continues to be favorable on gold as the U.S. dollar enters a brand-new lasting down trend because of exceptionally loose Federal Get monetary plan.
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The Fed is out of control and gold price is going above $2,000 by year-end – Adrian Day
Gold and silver prices are going to go higher and end the year above $2,000 an ounce and investors shouldn’t worry or quibble over some short-term profit taking and consolidation, according to one fund manager.
In an interview with Kitco News, on the sidelines of the Mines and Money Online Connect global mining conference, Adrian Day, CEO of Adrian Day Asset Management, said that he remains bullish on gold as the U.S. dollar enters a new long-term down trend because of extremely loose Federal Reserve monetary policy.
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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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