Today the top trends forecaster in the world told King World News that President Trump being diagnosed with COVID is an unprecedented situation and he also warned it’s going to cause a lot of volatility in global markets.
Today London analyst Alasdair Macleod told King World News that bullion banks may need to be bailed out as entities standing for gold delivery just hit an all-time record.
Today James Turk told King World News that gold is continuing to put in a V-bottom as the outlook for precious metals remains bullish.
As the Metal of Kings continues to digest the massive gains from 2020, despite the occasional volatility, gold wins.
Today the man who is connected in China at the highest levels said China is not only going to continue buying gold but they are about to start buying gold mining companies.
Today the Chairman of Saxo Bank UK said investors should buy gold and expect inflation and further asset bubbles.
Just when you thought there wouldn’t be much more carnage, take a look at this economic destruction.
2020 has certainly been a difficult year but you haven’t seen anything yet because according to one of the greats in the business, investors should expect to see $4,800-$9,800 gold. And when it comes to mining stocks, the party has just begun.
With the Dow rallying along with the US dollar, China is almost back to normal, plus a look at economic destruction and good luck.
This could turn into a serious problem after the US election or even before.