van eeden: expect more volatility

  1. 22,691 Posts.
    Van Eeden: Expect more volatility

    "I am still confident that the gold price is going much higher. In fact, due to the recent surge of monetary inflation in the US, I have increased my target price for gold to $830 an ounce.

    In a previous article:

    I showed that the gold price in US dollars is determined by the relative inflation rate of the dollar versus the inflation rate of gold. This is not only theory, but true in practice as well"
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