It beats the record for any single calendar year in history — in just five months.|
Editor's note: Occasionally, we come across ideas that we simply have to forward to you. This one comes courtesy of our friend Shae Russell at Rock Stock Insider. | Dear Reader, 2020 has seen a record-breaking amount of money flow into gold markets. In the first five months of this year alone, gold ETFs saw inflows of US$33.7 billion. That beats the record for any single calendar year in history — in just five months. If you ask analysts at Bank of America, this is just the start of a much bigger move higher. They forecast gold could hit US$3,000 by October 2021. That’d be a roughly 70% gain from here, in a little under 18 months. Frank Holmes, the CEO of US Global Investors, sees gold going even higher: ‘It’s much easier for central banks to print money,’ he said in late 2019. ‘And as long as that takes place with no checks and controls, then it could go to US$10,000.’ It’s not as crazy as it sounds. My friend, colleague and former Pentagon adviser, Jim Rickards, sees gold going to $14,000 before the end of this bull market. Gold at $14,000 would be — roughly speaking — a 700% gain from here. What do you think could happen to gold stocks in that scenario? Well, I’ll show you exactly what could happen — and the opportunity that presents you — in my latest research report. Click here now to read it: The 5 Benefactors of the New Gold Boom Regards, | Shae Russell, Editor, Rock Stock Insider |
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