Gold came to a head in 1981 when it got to $850 an ounce in nominal terms, yet readjusted for rising cost of living, that would certainly equate to $3,000 in actual terms today.
$ 3,000 is this cycle's coming top, David Garofalo, Chief Executive Officer of Gold Nobility Corp. told David Lin, anchor for Kitco News.
Comply With David Lin on Twitter: @davidlin_TV ()
Comply With David Garofalo on Twitter: @GoldRoyaltyCorp ()
0:00 – Gold Aristocracy's 3-way merger
3:00 – Gold Nobility's future development
8:40 – Gold rate outlook
11:50 – Cryptos vs gold
13:30 – U.S. buck
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