Today Agnico Eagle Vice-Chairman & CEO, Sean Boyd, told King World News that the price of gold will hit a new all-time high in 2022.
December 10 (King World News) – Eric King: “Sean, what do you expect to see for gold in 2022 in terms of the price?”
Sean Boyd, Vice-Chairman & CEO of Agnico Eagle: “It’s going to set a new high. It’s going to set a new high based on the realization that inflation is not transitory. Central banks want everybody to believe, ‘Don’t worry, we’ve got this inflation under control.’ Well, all of the signs say it’s not under control. Everybody is seeing they are paying more for everything every single day. And once that (inflation genie) escapes and lets loose it’s sort of hard to pull that back in. And when people are expecting higher prices (to continue) that’s when things snowball. And that’s when gold does extremely well. But I don’t think people are going to have to wait much longer (for the price of gold to hit a new all-time high). I think it’s next year…to continue listening to Sean Boyd’s powerful interview where he discusses why gold will hit new all-time highs and exactly how he expects the mining stocks will trade in the new year CLICK HERE OR ON THE IMAGE BELOW.
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