Investment Manager Predicts Gold Could Hit $3,000 This Year – Markets and Prices Bitcoin News

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Investment Manager Predicts Gold Could Hit $3,000 This Year – Markets and Prices Bitcoin News
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“I wouldn't be surprised to see a $3,000 price this year,' said the investment manager. 'It's time for people to want to be bullish on gold.'

Investment management and advisory firm Goehring & Rozencwajg expects gold to hit record highs this year. “I wouldn’t be surprised to see a $3,000 price this year,” said an executive of the firm. “It’s time for people to want to be bullish on gold.”Investment firm Goehring & Rozencwajg’s managing partner, Leigh Goehring, shared his outlook for gold in an interview with Kitco News last week. Goehring has 32 years of investing experience specializing in natural resource investments.

This year we’re going to break through the all-time high … It’s time for people to want to be bullish on gold. I think the psychology is going to switch to inflation going up, the Fed not raising rates or lagging behind, and inflation becoming a real problem.

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