Previous post Next post

Pandemic, Economic Shutdowns, Debt Crisis and Gold At $5,000/oz

 

◆ GoldCore are delighted to publish the 14th edition of the annual “In Gold We Trust” report, “The Dawning of a Golden Decade” by by our friends Ronald-Peter Stoeferle & Mark J. Valek of Incrementum AG.

Gold prices should rise to over $5,000/oz and may rise as high as $9,000/oz in the coming decade and by 2030, according to the respected report.

Gold is “on everyone’s lips again” and “we are now in a new phase of the bull market”.

The question that now occupies every gold-interested person is, how does the Covid-19 pandemic affect the price of gold? The authors take a deep dive into this question, as well as a whole spectrum of other topics.

Gold bull and bear markets, 1971-2020

Gold bull and bear markets, 1971-2020

- Click to enlarge

The following topics are covered in the In Gold We Trust report 2020:

Review of the most important events in the gold market in recent months

An analysis of the impact of the Covid-19 crisis on the price of gold

The increasing importance of gold in times of de-dollarization

Silver – ready to fly high?

Gold and cryptocurrencies

Gold mining stocks: The bull market has started

Outlook for the gold pric in this decade: A gold price of around USD 4,800 suggested by our quantitative model, even with a conservative calibration of the parameters.

Guest contributions by
– Luke Gromen (FFTT LLC): “A Deep Dive into the Geopolitics of Oil, Gold, and Money”
– Terry Heymann (World Gold Council): “An Overview on Gold Mining Companies’ ESG Efforts”

Annual Gold Performance in Major Currencies

Annual Gold Performance in Major Currencies

- Click to enlarge

 

Full story here
Mark O'Byrne
I founded GoldCore more than 10 years ago and it has been my passion and a huge part of my life ever since. I strongly believe that due to the significant macroeconomic and geopolitical risks of today, saving and investing a portion of one’s wealth in gold bullion is both wise and prudent.
Previous post See more for 6a.) GoldCore Next post
Tags: ,

Permanent link to this article: https://snbchf.com/2020/05/obyrne-pandemic-economic-shutdowns-debt-crisis-gold-5000-oz/

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This site uses Akismet to reduce spam. Learn how your comment data is processed.