Hi all,
here's some more positive news for the expected market 'Gold Price' as we head into mid 2018.
Gold Is Heading to $1,400 If Trade War Breaks Out, According to Sprott
BLOOMBERG BUSINESS By Ranjeetha Pakiam
April 3, 2018
Dollar confidence ‘most important determinant’ of gold price
Aggregate U.S. debt seen contributing to worries over dollar
Gold will surge to the highest level in five years if a global trade war breaks out, according to Rick Rule, chief executive officer of Sprott U.S. Holdings Inc., who’s been involved in the market for four decades.
Bullion could top $1,400 an ounce in 2018 as escalating trade tensions drive investors to havens and the three-decade bull market in bonds nears an end, said Rule, who’s due to speak at a conference in Hong Kong on Wednesday. Spot gold traded at $1,338 on Tuesday after three straight quarters of gains, while exchange-traded fund holdings are around the highest in half a decade.
Etc...........
Hope it gives you a bit more reason to hold GTE
Cheers
Bluequartz
GTE Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held
