This is Why Investors Are Still Bullish on Gold

With the likelihood of more stimulus, and central banks saying they’ll keep rates low with necessary liquidity, gold could push higher. In fact, analysts at Citi for example have a $2,500 price target, comparing its catalysts to that of the rally between 1970 and 1980.  Others, like Frank Holmes, CEO at U.S. Global Investors have … Continue reading “This is Why Investors Are Still Bullish on Gold”

Analysts Still Calling for $2,000 Gold in 2021

With a good amount of fear, uncertainty, low interest rates, the Federal Reserve’s balance sheet expansion, and understated inflation, gold could be setting up for another breakout.  Analysts at Goldman Sachs and Citi, for example still see gold above $2,000 in 2021. According to Business Insider, “Goldman also expects demand for gold to strengthen across … Continue reading “Analysts Still Calling for $2,000 Gold in 2021”