As long as the monetary base keeps growing, gold prices will keep rising, says E.B. Tucker, director of Metalla Royalty & Streaming.
“The [monetary base] is never going to go down,” he said. “Gold is not a way to speculate and make a big profit, it’s a way to protect your wealth. It’s wealth insurance.”
Outlook 20202020 looks to be another year of significant uncertainty as many market trends appear to be on a collision course with each other: the U.S./China trade war, Brexit, global debt vs. growth, the U.S. dollar vs. gold, bitcoin vs. gold…the list is nearly endless. For this reason, the editorial team at Kitco News decided the theme of this year’s outlook is Showdown 2020. Don’t miss all our exclusive coverage on how these factors could impact your investment decisions.
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