Moon Equity Holdings (OTC: MONI) is focused on investing in a well-diversified acquisition portfolio of income-generating businesses looking to produce long-term gains. Precious metals are a vital component of MONI’s growing portfolio and, as such, the company is closely watching developments in the space. Although the economic uncertainty of the past 18 months has impacted this space by causing prices to fluctuate wildly, the forecast looks fairly good according to a recent article that contains excerpts from a publication by Forbes, cited as an aggregate of expert opinions in the industry. “All signs point to gold cooling down and consolidating in the short run before rallying again toward the end of the year and into 2022,” reported the article, noting that Citigroup predicts a price target of $2,500 by year end and that gold prices would most likely surge if the Fed was forced to raise the federal funds rate to combat rising inflation. Forbes also stated that an increase in demand for silver is likely, stemming primarily from the Biden’s administration’s $2 trillion climate plan.” In addition, according to the Forbes article, industry analysts believe the industrial demand for precious metals within the platinum group, including rhodium, ruthenium, osmium, iridium, palladium, and platinum, is high and showing no signs of slowing down. “All this bodes well for Moon Equity Holdings, a company that recently rebranded to reflect a revised business strategy.”
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