$2,052 in the early hours of August 5th, gold had already climbed 35% this year!
In July the metal saw its best monthly gain in YEARS! The 10.3% gain in July marked the best monthly rise since February of 2016, according to FactSet data.
In fact, Gold is — and always has been — the world’s favorite safe-haven. This goes back thousands of years...
Whether there is economic or political upset, war, times of uncertainty, it is usually the precious yellow metal that comes out ahead as #1. The metal's long-term track record has been nothing short of incredible.
As gold prices breached $2,000 an ounce and may continue to march higher, one analyst sees momentum continuing all the way to $2,500 by the time 2020 ends.
E.B. Tucker, director of Metalla Royalty and Streaming and author of “Why Gold, Why Now? The War Against Your Wealth and How to Win It?” said that this current bull rally still has more momentum.
“Normally I would say [the bull run is overheated] but what I’m seeing in the daily action is that gold is rising in a very measured way and is not meeting much resistance, so when that’s happening you just step out of the way and let it go, that’s what you do,” Tucker said.
This is the same analyst who correctly called that gold would go to $2,000!
Gold has so far outperformed ALL major assets in 2020.... and the current environment could support gold rising even further...
There may be no better time to pay attention to gold and the companies in the arena than right now when you consider the raging global health crisis, heightened political tension, and economic collapse all bubbling together.
Bank of America forecasted in April that prices could almost double to $3,000 by the end of 2020!
News 
Market Data 
Discover 
