Connect with us

Hi, what are you looking for?

Money And WelfareMoney And Welfare

Investing News

Ken Hoffman: Gold’s Path is Clear, Price to Hit US$10,000 Long Term

Ken Hoffman of Red Cloud Securities shares his gold price target of US$10,000 per ounce.

In his view, the US dollar is set to decline to its lowest level in the last 20 years. Given its usual relationship with gold, that could send the price to US$7,000, and from there it could overshoot.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

You May Also Like

Stock News

In this episode of StockCharts TV‘s The Final Bar, Tony Dwyer of Canaccord Genuity talks Fed policy, corporate bond spreads, and why the level of interest...

Investing News

SAGA Metals Corp. (TSXV: “SAGA”) (FSE: “20H”) (“SAGA” or the “Company”), a North American exploration company focused on critical mineral discovery in Canada, announces...

Stock News

SPX Monitoring Purposes: Long SPX 8/9/23 at 4467.71. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Gain since...

World News

An hour before the public release of an indictment that alleges the former president of the United States led a criminal conspiracy to overturn...