January 5, 2021
“In a note published Monday, JPMorgan made a bold long-term price target for bitcoin, claiming the red-hot cryptocurrency could rally as high as $146,000 as it competes with gold as an “alternative” currency. But, there’s a catch…” https://www.cnbc.com/2021/01/05/jpmorgan-bitcoin-price-could-rise-to-146k-as-it-competes-with-gold.html Just remember that in reality… Continue Reading…
August 10, 2020
“Gold prices could forge ahead to $4,000 per ounce in the next three years, but factors such as the development of a coronavirus vaccine and the November U.S. elections could change the fortunes of the precious metal, analysts say. This… Continue Reading…
August 5, 2020
“America’s services sector grew for a second month in a row in July and beat economists’ expectations. But beneath the headline number, some things are still quite gloomy. The Institute for Supply Management’s index to measure non-manufacturing activity climbed to 58.1, from… Continue Reading…
August 3, 2020
“Gold prices are steady to slightly higher in early U.S. trading Monday but did hit another record high of $1,997.00, basis October Comex futures. Silver prices are also firmer. Same story: Good safe-haven demand and bullish charts are keeping buying interest… Continue Reading…
June 3, 2020
“If the Federal Reserve is forced to embrace negative interest rates, the gold price will react by breaching the previous all-time high of $1,920 an ounce, according to Standard Chartered. Fed Chairman Jerome Powell has been adamant that negative interest… Continue Reading…
April 28, 2020
“Two years ago, when gold was hovering at the $1,200 range, the idea of gold surpassing $1,700 seemed like a pipe dream to many investors. Remember, August 2018 marked a 5-month period of intense selling pressure. Nobody wanted gold, from… Continue Reading…
January 27, 2020
“… gold a solid investment right now, but it could be poised for an explosion. Jensen thinks that the upward trajectory for gold could be immense. He thinks that gold could be poised for a 30% or more rally and end up… Continue Reading…
January 14, 2020
“Over the last year, gold prices are up nearly 20%. The yellow metal is on pace for its best year since 2010. In a note to clients published over the weekend, analysts at Goldman Sachs outlined why the strategic case for… Continue Reading…
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