This week we’re hearing that investors should expect to see gold up to $8,900. Plus, King World News delves into whether the US dollar will crash in 2021 and make way for a new world currency to unleash?
Expect $4,800 – $8,900 Gold
2020 – difficult, yes. But apparently we haven’t seen anything yet. Ronnie Stoerferle from Increment has told King World News that investors should expect to see $4,800 to $8,900 gold.
They’ve provided an Executive Summary of Gold for 2020 here. And referencing the below table… ‘Despite all of the anti-gold propaganda, gold is still the “Metal of Kings” when you look at performance’.
Will a new world currency unleash in 2021?
The man who became legendary for his predictions on QE and historic moves in currencies and metals has warned we will soon see the US dollar crash and a new world currency will be unleashed.
READ MOREBig money aggressively buying Gold takedown, creating major problem for bullion banks
Alasdair Macleod has told King World News that “yesterday’s release of Commitment of Traders’ figures for last Tuesday appear to reflect a repeat of the position in late-March, following which the gold price on Comex gapped up to massive premiums over spot. At that time, the coronavirus was blamed. Despite some countries facing a second wave, let’s see if with mines and refiners operating normally it happens yet again”.
