Gold price will surpass USD 20,000 soon as Fed and major central banks are at tail end of the current monetary policy tightening cycle amid easing inflationary pressures
This has the potential to be another gold proxy. Unfortunately there is not enough operating history to judge its gold proxy status. As such if you want to invest in gold proxy, there are better companies such as Poh Kong or Tomei. For more insight into these go to Are there Bursa proxies for gold? https://www.youtube.com/watch?v=CvdIyx3eAWA
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bullballs
1,132 posts
Posted by Bullballs > 2023-04-12 15:22 | Report Abuse
Many people take profits already. Anyway still can go a long way depending on how gold goes up.