Friday, July 07, 2023 7:40:07 PM
Palisades Gold Radio
https://www.youtube.com/watch?v=zPGYQnDxLwo
Gold inches higher ahead of today’s all-important unemployment, payrolls numbers
Goehring & Rozencwajg sets long-term price target for gold at $12,000 to $15,000 (!!)
(7/7/2023) – Gold inched higher in early trading ahead of today’s all-important unemployment and
payrolls numbers. It is up $6 at $1919.50. Silver is up 4¢ at $22.79.
The bond market continued its plunge, with yields surpassing critical upside levels – 4% on the 10-
year and 5% on the two-year.
Goehring & Rozencwajg, the natural resource investment firm, caught our attention recently with a
long-term gold price target of $12,000 to $15,000 an ounce. It’s been out of the gold market over the
last two years, it says, but now it is getting back in.
“We think that gold has entered into a new phase of this bull market,” says Adam Rozencwajg in a
recent interview. “It probably started in the third and fourth quarter of last year, and it really revolves
around central banks’ behavior as much as anything else.
I think it’s going to propel gold much much higher in this leg of the bull market.”
As for the ultra-high price target, Rozencwajg says, “That’s always been our long-term price forecast
on gold.”
Monument Mining Limited (MMY : MMTMF) is a Canada-based gold producer and mining asset developer.
The Company owns and operates the Selinsing Gold Portfolio in Malaysia and the Murchison Gold
Portfolio in Western Australia.
The Selinsing Gold Mine is located in Pahang State, within the Central Gold Belt of Western Malaysia,
comprising the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub projects .
The mine has about one million ton per annum gold processing CIL plant, which is situated
approximately 158 kilometers (km) north of Kuala Lumpur.
Murchison is located in the Murchison region in Western Australia and comprises the Burnakura,
Tuckanarra, and Gabanintha projects, which are located in the Murchison goldfield of Western
Australia, approximately 40 km southeast of Meekatharra and 765 km northeast of Perth.
The Company owns a producing mine, a producing site with a gold plant and all infrastructure, and a
large prospective land position, covering approximately 382.9 square kilometers.
Monument Mining Ltd: https://monumentmining.com
mmy; normaly next week new video and also new presentation. if goldprice more 1900 i think we got
a good cash flow
Gold Legal Tender God's Real Money.
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