RERUN: Gold price’s real drivers are not even here yet

Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com.
“There are a lot of catalysts that have pushed gold to where they are now. We broke through that $1,400 ceiling and now the $1,400 seems to be the floor,” Clark told Kitco News on the sidelines of the Silver and Gold Summit in San Francisco. “It’s not surprising that gold came a little weaker recently, but when you think about it, the big catalysts that are out there, that will drive gold and silver higher, haven’t even begun to play out yet.” (show less)

Ballooning debt has not yet exploded, and the debt to GDP ratio keeps expanding, and this eventually will drive gold prices much higher than current levels, said Jeff Clark, senior precious metals analyst at GoldSilver.com.
“There are a lot of catalysts that have pushed gold to where they are now. We broke through that $1,400 ceiling and now the $1,400 seems to be the floor,” Clark told Kitco News on the sidelines of the Silver and Gold Summit in San Francisco. ... (read more)

Silver & Gold Summit 2019

Silver & Gold Summit 2019
The Silver and Gold Summit facilitates discussions and debates on precious metals trends, geopolitical risk and investment opportunities within the natural resource economy. Cambridge House International Inc. and Katusa Research will co-produce the Silver & Gold Summit 2019.

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