Gold $1400 per Oz by October?

in economy •  7 years ago 

I have been tracking the Gold price for some time now and it seems to be on a bull run at moment. With the US dollar weakening and with geopolitical events ratcheting up safe-haven mentality is back.

Should stability return to normal over in Asia then quite possibly the price will fall however, with the fed blowing so many bubbles and if one of them should pop.. Well we could be in for an interesting ride. And with the disappointing jobs report on Friday many suspect the Fed will not able to raise interest rates again this Year.

https://s.tradingview.com/x/gQbFXzma/

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This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond

Good post. It'll be interesting to see where we go. Especially since the summer doldrums are ending. Now following.