PRECIOUS METALS

Economist sees path to US$3000/oz gold

The gold price could break the US$2,000/oz level in the coming 14 months in the lead up to the November 2020 US federal elections, Gluskin Sheff & Associates chief economist David Rosenberg said during a keynote presentation at the Precious Metals Summit in Beaver Creek, Colorado.

Henry Lazenby in Beaver Creek, Colorado
John Hathaway (left) and David Rosenberg discuss the likelihood of a US recession at Beaver Creek, Colorado

John Hathaway (left) and David Rosenberg discuss the likelihood of a US recession at Beaver Creek, Colorado

"I can even see a situation where gold could break $3000 or higher. That might be a conservative forecast, given the simmering US domestic political risk (based on falling approval ratings for Trump),...

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