OUTLOOK 2023

Gold to be hardest hit commodity in 'massive crash', bear market in early stages - Harry Dent
Kitco News - Jan 25, 2023 01:51PM(Kitco News) - Gold, which has been trading up for 2023 and is currently at around $1,930 per ounce, will reverse the trend and have a dramatic decline as the biggest crash in our lifetime enters its second wave, according to Harry Dent, Founder of HS Dent.

Gold price to $2,200, silver to $30 in 2023 - Degussa
Kitco News - Jan 19, 2023 02:21PM(Kitco News) - The gold market still offers value for investors even as the price starts the year with a solid rally above $1,900 an ounce, according to one market strategist.

Further weakness in the U.S. dollar will drive gold prices higher - VanEck
Kitco News - Jan 19, 2023 12:17PM(Kitco News) - Continued weakness in the U.S. dollar should provide further support for gold prices in 2023 as the precious metal starts the year off with a 5% rally, according to two market analysts.

CBDC Outlook 2023 - More than meets the eye
Kitco News - Jan 18, 2023 04:57PM(Kitco News) - 2022 was a very busy year for central bank digital currencies (CBDC), with the number of countries developing a CBDC rising to 114 by the end of December and representing 95% of global GDP.

The bottom is in for gold - World War 3 is already here & a global economic collapse will pave way for CBDCs - Gerald Celente
Kitco News - Jan 18, 2023 09:31AM(Kitco News) - Despite its stagnant performance in 2022, the bottom for gold is in, according to Gerald Celente, Publisher of The Trends Journal, whose 40-year forecasting record includes correctly predicting the 1987 stock market crash, the DotCom bubble, and high inflation in 2022.

Gold will hit new highs in 2023, but the stock market will suffer for years - Peter Grandich
Kitco News - Jan 11, 2023 04:11PM(Kitco News) - Peter Grandich, who correctly predicted the market crashes for both crypto and stocks in 2022, just shared his predictions for 2023 with Kitco News.

Perth Mint sees record bullion sales in 2022; U.S. Mint sees 22% drop in gold demand and 43% drop in silver
Kitco News - Jan 11, 2023 11:59AM(Kitco News) - 2022 was a tale of two mints, with the U.S. Mint seeing disappointing gold and silver bullion demand for the year; meanwhile, it was the best of times for the Perth Mint as it saw record sales for its silver and gold bullion products.

It is prudent to be diversified in 2023 and that includes holding some gold - business school professor
Kitco News - Jan 10, 2023 01:33PM(Kitco News) - Gold's break above $1,850 at the start of the new year is creating new momentum for the precious metal and could attract some new investors' interest, according to one university professor.

Gold prices to hold steady around $1,880 through 2023 - MKS PAMP Group
Kitco News - Jan 10, 2023 11:56AM(Kitco News) - The threat of persistently high inflation, stagnant growth, or even an outright global recession will continue to support gold prices through 2023, according to analysts at MKS PAMP Group.

Gold ETFs market summary: 2022 sees outflows of $3 billion
Kitco News - Jan 9, 2023 01:28PM(Kitco News) - Global gold-backed exchange-traded funds (ETFs) saw outflows of $3 billion last year, which is down 3% on the year and translates to around 110 metric tons worth of bullion, according to the World Gold Council (WGC).

Retail investors see gold and silver as top performers in 2023 - Kitco survey
Kitco News - Jan 6, 2023 02:14PM(Kitco News) - With precious metal picking up momentum towards the end of the year, Main Street investors look for gold and silver to be the top performers in the new year, according to Kitco's online survey.

Jim Rogers reveals the 'biggest risk' in 2023, as well as 'cheapest assets'
Kitco News - Jan 4, 2023 04:54PM(Kitco News) - Central banking is the biggest risk in 2023 according to Jim Rogers, a renowned investor whose fund outperformed the markets by 4,200 percent in the 1970s, despite the stagflation which characterized that decade.
