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Gold price to $10k will not be straight path, this is what’s needed – Dan Oliver
The path towards much higher gold prices is primarily a function of a declining U.S. dollar, but the Federal Reserve is stuck in a hard place right now, said Dan Oliver, founder of Myrmikan Capital.
On one hand, low interest rates are accommodative for gold, but if the Fed keeps low for too long, inflation will run out of control. On the other hand, if the Fed raises rates in response to higher inflation, the financial system may just “blow” up, Oliver said.
Mines and Money January, 2021
Mines and Money Online Connect brings together miners, investors, financiers, and industry professionals to network, hear market analysis, compare investment opportunities, share knowledge, discuss, debate and most importantly do business, all in a virtual and online format.The 3-day event offers investors and senior management teams of mining companies the opportunity to continue to connect, meet and discuss project updates and share presentations virtually.As the events are online, attendees are not constrained by geographic bounds, so you will benefit from a truly international audience with a large investor base from the Americas, APAC investors from Hong Kong, China, Singapore, Japan, and Australia; and EMEA investors from the UK, Europe, Middle East, and Africa.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
