Newmont Goldcorp Corp (NGT)

[NYBob]

Gold To Soar Between $5,000 – $12,000: Keeping The Big Picture And The
Long Term In Perspective
August 16, 2018 33 2784

The short term outlook has been bearish for gold, but by looking at the
big picture and the long term, gold has explosive upside potential.
Here’s why…
by Przemyslaw Radomski of Sunshine Profits

https://www.silverdoctors.com/gold/gold-news/gold-to-soar-between-5000-12000-keeping-the-big-picture-and-the-long-term-in-perspective/

In our regular gold trading alerts, we focus on the short- and medium-term outlook and we rarely discuss the very long-term issues or price targets. The reason is simple – the long-term issues and price targets don’t change often, so usually there’s little new to say about them. Consequently, it’s been a long time since we last discussed our view on gold’s explosive upside potential. In fact, it’s been so long that those who do not take the time to read our analyses thoroughly and those who have been reading them for only a short while may think that we are bearish on gold in the long run. Or that we’re perma-bears. Naturally, it’s nonsense and those who have been diligently following our articles know it. What we’re aiming for is to help investors position themselves to make the most of the upcoming rally in the precious metals market and one of the best ways to do it is to help people prepare for the final bottom in gold.

Of course, buying close to the bottom is pointless unless a big rally is going to follow. In today’s analysis we want to tell you how big this rally is likely to be. Well, you have already read it in the title of this article, but the key question is if the above is just a simple round number that we “wish” gold to reach, or if it is based on reasonable arguments. We don’t want you to take our word for it – we’ll show you how we arrived at $6,000 as the minimum target for gold.

https://www.silverdoctors.com/gold/gold-news/gold-to-soar-between-5000-12000-keeping-the-big-picture-and-the-long-term-in-perspective/
God Bless