Quote from: Febo on Today at 02:27:54 PM

Quote from: Sirait on June 27, 2020, 06:04:49 PM

World gold is predicted to fly to US $ 10,000 / troy ounce, by Dan Olivier, founder of Myrmikan Capital.

There is zero % chance that ounce of Gold will not be $10000. It is just a mater of time. USD will lose value. And Gold will keep or even gain value. Most likely ounce of gold can be $10000 already in this decade.

Yeah, gold will rise in the long run for sure. I think in every portfolio there should be some diversification into commodities and crypto currencies. Gold and silver are a good bet. But don't forgot that the gold price is already fairly high at the moment. With all the central banks printing so much money and injecting into the economy, investors don't know where to put all there money. There is no interest on savings and you don't want to put everything into stocks. At the moment we see a high demand for gold.