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Peter Grosskopf, Chief Executive Officer of Sprott Inc., describes his requirements as well as timeline for gold to strike brand-new all-time highs.
Speaking To David Lin, anchor for Kitco News, Grosskopf stated that he's never ever seen central banks "so backed right into an edge" which any kind of mistake could likely cause "huge trouble."
0:00 – Gold price outlook
3:56 – Aspects behind gold's pullback
5:31 – Interest rates vs gold
6:40 – Gold rate forecast
8:09 – Rising cost of living
10:22 – "I've never seen central banks so backed right into an edge"
11:00 – UNITED STATE dollar
11:56 – Reserve bank digital currency
13:33 – Gold-backed money
14:40 – Gold supplies
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This is how gold price will skyrocket to new highs in 6 months - Peter Grosskopf
Peter Grosskopf, CEO of Sprott Inc., outlines his criteria and timeline for gold to hit new all-time highs.
Speaking with David Lin, anchor for Kitco News, Grosskopf said that he’s never seen central banks “so backed into a corner” and that any mistake could likely lead to “big trouble.”
0:00 - Gold price outlook
3:56 - Factors behind gold's pullback
5:31 - Interest rates vs gold
6:40 - Gold price forecast
8:09 - Inflation
10:22 - "I've never seen central banks so backed into a corner"
11:00 - U.S. dollar
11:56 - Central bank digital currency
13:33 - Gold-backed currencies
14:40 - Gold stocks
__________________________________________________________________
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.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
