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Wednesday, September 18, 2019 12:11:24 PM
Lassonde added that applying the annual average growth rate from 1970,
the long-term projection would be $25,000.
Why gold could reach highs of $25,000 - Pierre Lassonde
Sep 18, 2019
https://www.kitco.com/news/video/show/Denver-Gold-Forum-2019/2550/2019-09-18/Why-gold-could-reach-highs-of-$25000---Pierre-Lassonde#_48_INSTANCE_puYLh9Vd66QY_=https%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DDenver-Gold-Forum-2019
Guest(s): Ranj Pillai Minister of Energy & Mines of the Yukon Government
Gold’s trajectory over the long-term is several thousand dollars higher, with an average target price of $12,500, and it only makes sense when you look at the historical growth of the metal, this according to Pierre Lassonde, chairman of Franco-Nevada.
“If I use the compounded annual growth rate over 50 years, that’s got to give you a pretty good idea of where the gold price is going to go, and if you use that number, you get $12,500 in 30 years’ time,” Lassonde told Kitco News on the sidelines of the Denver Gold Forum.
Lassonde added that applying the annual average growth rate from 1970, the long-term projection would be $25,000. (show less)
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ex.
Well TPX welcome to Gran Colombia Gold Corp. -
Gran Colombia Gold has mordernized >100 illegal small gold mines
operations to NOT use deadly mercury poison for gold recovery -
in the upper Amazon river which had in the past poisoned millions
of His people and all living from the Amazon water, fish of
His South America nature garden -
![](http://i.cbc.ca/1.3375792.1450744563!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/gold-mercury-amalgam-in-hand.jpg)
http://www.cbc.ca/news/canada/british-columbia/millions-of-people-being-contaminated-with-toxic-mercury-used-in-mines-1.3375754
Gran Colombia Gold Corp. - Formerly known as Tapestry Resource Corp.
Mordern State of Art Gold and Silver Recovery Systems -
are NOT using the deadly mercury -
its Great for all involved with Gran Colombia
Gold Corporation -
thanks in advance to all:
Address
Suite 1100, 333 Bay Street, Toronto, ON M5H 2R2 Canada
Phone 416-360-4653
Fax 416-360-7783
Email Address
investorrelations@grancolombiagold.com
Website
http://www.grancolombiagold.com
Ownership
Publicly-traded corporation
Stocks
TSX: GCM
TSX: GCM.NT.U
NAICS
Gold Ore Mining (212221)
Silver Ore Mining (212222)
Status
U.S. dollar silver-linked notes and common shares listed on the Toronto Stock Exchange.
https://www.mining.com/gran-colombia-to-spin-off-marmato-gold-project/
In GOD We Trust -
![](http://www.kitco.com/images/live/gold.gif?0.8344882022363285)
https://www.kitco.com/images/live/silver.gif?0.8344882022363285
![](http://www.kitco.com/images/live/silver.gif?0.8344882022363285)
![](http://www.kitconet.com/images/live/au0001wb.gif)
![](http://www.kitconet.com/images/live/ag0001wb.gif)
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
God Bless America
Ps.
opinion appreciated
TIA
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