You’ve probably heard it many times: “Gold is a good hedge against inflation”.
But IS it? That’s the question we will try to answer in this article....
From the beginning of this bull market, it would “only” be a 17.5-fold increase, compared to the 25-fold increase from 1968 to 1980. A similar 25-fold increase would lead to a gold price of about $6,250.
We now have another reason to believe legendary gold experts Jim Sinclair, Alf Fields and plenty of other analysts who are fully confident of a parabolic rise in the price of gold with targets of $4,500 and above...more
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