Billionaire Pierre Lassonde told King World News that the price of gold is headed back to $2,000.
Lassonde is arguably the greatest company builder in the history of the mining sector. He is past President of Newmont Mining, former Chairman of the World Gold Council and former Chairman of Franco Nevada. Lassonde is one of the wealthiest, most respected individuals in the gold world, and as always King World News would like to thank him for sharing his wisdom with our global readers during this critical period in these markets.
Pierre Lassonde’s eagerly anticipated audio interview has now been released!
Set For A Big Rise In The Price Of Gold
October 8 (King World News) – Eric King: “Pierre, since you and I think we’ve seen that capitulation phase sort of similar to late 2015/early 2016 and you think the bottom is in for gold, we had that $1,670-$1,680 low in gold and it just looked to me like they were going to take that out and create panic and of course they did. And now the gold price has snapped right back and the banks were buying the dip pretty aggressively — so were the commercials and swap dealers. So now the COT (Commitment of Traders Report) is cleaned up and everybody is set for a big rise in the price of gold. What do you think we are going to see as we head into the end of the year?”
$2,000 Gold
Billionaire mining legend, Pierre Lassonde: “I’m quite optimistic frankly about the next six to nine months and I think we will see the price of gold rally to what we saw in 2020 which was around the $2,000 area. And…to continue listening to legend Pierre Lassonde CLICK HERE OR ON THE IMAGE BELOW.
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