This is how gold price will skyrocket to new highs in 6 months - Peter Grosskopf
Gold will return to all-time highs in six to twelve months, said Peter Grosskopf, CEO of Sprott Inc.
“One of a few things needs to happen. Either you get a correction in financial markets, which is becoming more and more possible, I think, given how extended they’re getting. Secondly, you might get a major correction in rates, they’ve overshot now and are back down again. And thirdly, you might get disappointment on the economic side because the rollouts of economic growth, given COVID, and given other difficulties are taking longer to conspire,” Grosskopf told David Lin, anchor for Kitco News.