Could gold easily reach $2700? One industry expert has said just that this week. The CEO of investment management company, US Global Investors has suggested that monetary policy made to fight coronavirus could ultimately fuel huge gains for the precious metal.

Frank Holmes says that we’re seeing some stocks, which have suffered heavy blows as a result of shut down economies showing signs of recovery as a result of the massive financial stimulus packages. The trillion dollars of aid are artificially boosting prices he says, which is good news for gold. “Last year, as I’ve mentioned, everyone was surprised that palladium could go from $1,000 to $2,700, and I said short-term, why can’t gold do that? We’re going to see gold pop. $2,700 is easy for me to see that.”

This website is published by The Gold Safe Ltd, a Company registered in England and Wales with Company number: 11994725 a subsidiary of the United Kingdom Asset Company Ltd, a Company registered in England and Wales with Company number: 09784057 and is intended for information and promotional purposes only. The information provided in our free guide is not intended as an offer to invest and should not be construed as financial advice.

Fees: There are no fees for using this website or service.

Contact us: Tel: 0203 695 3400

Address: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ

All rights reserved copyright 2020 The Gold Safe Ltd

Follow us on:

    Wait! Before You Leave Download The 'Ultimate Guide to Gold Investing'
    FREE of Charge