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Offered the political as well as financial atmosphere that we're in, gold should be a lot greater, stated E.B. Tucker, writer of "Why Gold, Why Now."
Tucker had actually forecasted gold to hit $2,500 an ounce by year-end of 2020, he is currently upgrading his sights and also sees the rate to strike that degree by following year.
0:00 – Gold cost ought to have been greater
5:27 – What is timeline for $2,500 gold?
8:33 – Monetary plan and also inflation
15:12 – Investing and also take the chance of resistance
17:21 – False impressions for royalty business
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Why $2,500 gold price didn’t happen this year; ‘We were surprised’ says E.B. Tucker (Pt. 2/2)
Watch part 1 of this interview here: https://youtu.be/X8pblL3zHe0
Given the political and economic environment that we’re in, gold should be much higher, said E.B. Tucker, author of “Why Gold, Why Now.”
Tucker had predicted gold to hit $2,500 an ounce by year-end of 2020, he is now updating his views and sees the price to hit that level by next year.
0:00 - Gold price should have been higher
5:27 - What is timeline for $2,500 gold?
8:33 - Monetary policy and inflation
15:12 - Investing and risk tolerance
17:21 - Misconceptions for royalty companies
__________________________________________________________________
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.