“Gold Expert Discusses a “New Bull Market” on the Horizon”
December 27, 2019
“There are a tremendous number of factors currently in play which all historically have driven the gold market up. Clark points out that when you look at things like the increase in negative interest rates around the world, geopolitical conflicts, and skyrocketing debt to GDP ratio which represents debt that (in all likelihood) can never be repaid, these all provide compelling reasons to buy gold right now.
And, while gold is currently in a very good position, having broken through the $1,400 ceiling and establishing that as a floor, all the signs indicate that gold still has a ways to go in terms of its price advancement…
Clark finished up by answering the biggest question on everyone’s mind, exactly how much gold should you be holding given the current market conditions. Clark was asked if he would continue to recommend the normal 5%-10% investment in gold or numbers closer to what some are now suggesting, in the 20%-30% range? He responded by explaining, “Because risks are so elevated in many segments of our society with our currency, geopolitical, economic – there are so many risks out there – because of that, in my opinion, this is a time to be overweight [in] precious metals.”…”
https://gsiexchange.com/gold-expert-discusses-a-new-bull-market-on-the-horizon/