Gold May Return 25% In 2019 Given Brexit, Trump and Other Risks – IG TV Interview GoldCore
By: GoldCore
GoldSeek.com
Tuesday, 22 January 2019
– Outlook for gold in 2019: IG TV Victoria Scholar interviews GoldCore
– Given Brexit & Trump risk, trade wars & fragile economic growth, gold may gain 20%-25% in 2019
– Palladium has surged to record highs and gold will play catch up in coming years and reach record highs again; Both nominal highs near $1,900/oz and inflation adjusted at much higher prices
– Global demand will be strong in 2019 and gold production globally is plateauing
– Focus on gold not just in dollars but in euros, pounds & local currency terms in which gold made gains in 2018 and will likely do again in 2019
– Year-end 2019 forecast for gold is 1500 $/oz but gold’s value is as a safe haven
