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Sunday 7 August 2016

Is Gold Set to Hit $5,000, $10,000 Or More Per Ounce? Maybe?


Rising macroeconomic risks, low real interest rates, and a decline in the dollar versus emerging market currencies are major price catalysts for gold.

Jack Hanney, Senior Partner of PATRIOT Gold Group, explains what would have to happen for gold to hit $5,000, $10,000 or more per ounce. Keep in mind that this year alone we have seen a 25% increase in the yellow metal, and many analysts feel that there is still plenty of steam left in this rally.