RE: Another6 Jun 2019 23:12
Opulentia. I don’t think gold will hit an all time high, where the proof ?
- Yes there’s been an increase in long contracts and shorts closing positions according to ig index,
- the financial crisis justcwont be seen again anytime soon as way too many measures have been put in place .
-trump trade ( my opinion ) war can cause a 10-25% max gain in gold to say peak around $1500-1550 at best.
- fed and interest rates won’t be sufficient to cause a 50% increase you think will happen.
So really we are out of realistic options for good to hit all time highs but I’m hoping for China to officially announce a reduction in dollar hedged currency and replaced with gold ..... then you could get instant 20-25% gain but again -$1900-2000 oz is wishful.
Either way our 700 aisc is the key but we need to start producing ASAP.