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?
__________________________________________________________________.
Kitco News is the world's # 1 source of metals market details. Our video clips include interviews with noticeable industry figures to bring you market-affecting insights, with the objective helpful individuals make notified investment decisions.
Sign up for our channel to stay up to day on the latest insights moving the metals markets.
For more breaking information, browse through.
Follow us on social media:.
Facebook -.
Twitter -.
Google+:.
StockTwits -.
Live gold rate and graphes:.
Live silver rate and also charts:.
Do not neglect to sign up for Kitco Information' Weekly Summary– comes out every Friday to evaluate the best stories & video clips of the week:.
Sign up with the discussion @ The Kitco Forums and also be part of the premier online community for precious metals investors:.
Please note: Video clips are not trading advice and the views revealed may not mirror those of Kitco Metals Inc
.
