Gerardo Del Real Calls for $2,300 Gold
Our own Gerardo Del Real was featured in the Investing News Network's Gold Price Update: Q1 2021 in Review.
He said "that in order to see real all-time highs [in gold] that are sustained it will have to happen — at least for a bit — alongside a higher dollar, record-breaking stock markets and higher crypto prices. We’ve checked two of those boxes, stay tuned.”
Gerardo thinks "gold is putting in an excellent floor. At these prices producers are profitable, exploration budgets are on the rise and companies excel. He suspects that by the end of the year we'll "see new all-time highs coupled with increased volatility.”
He also thinks we'll see $2,300 gold.
--Resource Stock Digest Research