If you think trading has been a little wild recently, it now appears interest rates are headed even higher. That will only add fuel to the volatility. Gold and interest rates headed higher together in the 1970s. We should expect the same today. In fact, the gold market galloped 25.5x higher from 1970-1980, so buckle up.
Look at who has been pushing the price of gold higher and why they will continue to do so.
The silver markets saw the highest weekly close in more than 11 years on Friday, but take a look at this…
Billionaire Pierre Lassonde just predicted the price of gold may hit $19,000.
Pierre Lassonde: Chairman / Founder of Franco Nevada & the Lassonde Entrepreneur Institute – Pierre was President of Newmont Mining Corporation from 2002 to 2006 and prior to that from 1982 to 2002 was a co-founder and co-CEO of the original Franco-Nevada. He is past Chair of the World Gold Council, has served on many mining boards and is recognized for his philanthropy…
Pierre Lassonde: Chairman / Founder of Franco Nevada & the Lassonde Entrepreneur Institute – Pierre was President of Newmont Mining Corporation from 2002 to 2006 and prior to that from 1982 to 2002 was a co-founder and co-CEO of the original Franco-Nevada. He is past Chair of the World Gold Council, has served on many mining boards and is recognized for his philanthropy…
Jim Sinclair warned to expect will volatility in the gold market…
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST, WE MADE THE DECISION TO LAUNCH THE WEEKLY WRAP!
DUE TO POPULAR DEMAND AND ACCELERATED INVESTOR INTEREST, WE MADE THE DECISION TO LAUNCH THE WEEKLY WRAP!
With gold hitting $2,440 and silver approaching $30, within hours King World News will be releasing a powerful interview with legend Pierre Lassonde, and what he had to say about where the price of gold is headed as well as what to expect from the mining stocks will stun many people.
