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Commodities Briefing - Categorized | Bullion/Gold, Price Watch more

Where Is the Gold Price Headed? Three Views

Posted on 21 November 2016

Gold has fallen by more than 5% since Election Day, to $1,209 an ounce, although it’s poised to end 2016 sharply higher than its year-end 2015 close of $1,060 an ounce. Where will the yellow metal go next?
Dan Oliver, Principal, Myrmikan Capital: “Higher. We’re coming to the end of one of the biggest credit bubbles ever, caused by U.S. government–underwritten fractional reserve banking and artificially low interest rates. There’s little that Donald Trump can do to stop it.”…………………………………..Full Article: Source


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