The Gold Blog

Stocks are up, but so is gold — and analysts say the metal’s rally is just getting started

Posted by Shane Jennings on

Stocks are up, but so is gold — and analysts say the metal’s rally is just getting started
“The Federal Reserve and central banks around the world just keep printing money – more money, more money, more money. And so, gold is going to take out the old highs, $1,950 or something, and it is going to keep going. I think we are just starting this move,”

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The Case For $3465 Gold

Posted by Shane Jennings on

The Case For $3465 Gold

Seeking Alpha Dumb Wealth Jul. 2, 2020 10:07 AM ET Summary Monetary expansion, declining real yields, geopolitical risk and declining central bank credibility are often used to determine the direction for gold. Since gold doesn't generate cash flows, it is difficult to determine an appropriate "fair value" for gold. In this article, I use the M2 money supply as a reference point to determine possible target prices for gold. The problem with investing in gold is that it lacks a measurable value. Unlike stocks, gold lacks future free cash flows to discount into the present day. Gold is not a...

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