The Next Inflection For Gold Will Be $1,370, Says Expert
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(Kitco News) - The mining space will not be facing a major bull rally, or "feast" soon, but an inflection point is coming for gold, said John Kaiser of Kaiser Research Online.
"I think we are in the middle of a turning point, the beginning of what will be a revival of interest in the junior resource sector, and there's not going to be any glorious trigger. I do think that gold is going to develop a subtle uptrend and the key inflection will be when it goes through that 2016 high of $1,370 or thereabouts," Kaiser told Kitco News on the sidelines of the Metals Investor Forum in Toronto.