Post
Topic
Board Economics
Re: Gold to reach new all time high of $2400/ounce
by
davis196
on 19/07/2018, 05:49:36 UTC
Bitcoin $7,000. Dow Jones 26,000. That way new all time high price for Gold will be $2400/ounce.

Iran crude oil getting banned worldwide and Iran threatening to block major supply route through Gulf seas. Crude oil going back to $150/barrel.

Some $1 trillion trade/tariffs war started by Donald Trump with many countries.

Your thread contains mostly rumors and predictions.Crude oil won`t reach $150/barrel soon.The trade war,started by Trump with China and the EU is not costing 1 trillion USD.It`s under 500 billion USD and I don`t think that is will influence the gold price that much.Gold price will reach a new ATH only if the federal reserve starts printing trillions of dollars.