Gold has actually seen some solid gains thus far this year with costs holding above $1,700 an ounce, however it's not too late to get into the marketplace, which currently has limitless possibility, stated Mike McGlone, senior commodity strategist at Bloomberg Intelligence.
" Regarding just how high [gold] can go, it's intended to reach a period where it gets silly pricey like the stock market provided for a little while last couple of years," he stated. "Stock market's been increased by this massive quantity of liquidity, yet the concern is how much longer that can last. I believe gold has the top hand."
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