Gold Upward Momentum: Is $ 1700 USD Per Ounce Realistic?
Gold Upward Momentum: Is $ 1700.00 Per Ounce Realistic?
Dateline: Del Mar, CA: Monday, June 24, 2019
FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.
In our last session, FNB addressed: how high can the price of gold go? And what are new resistance levels that investors should be aware of, and looking for.
In this session, FNB looks around the corner and asks the question: “Is $ 1700 USD per ounce of gold realistic?”
GOLD UPWARD MOMENTUM: Is $ 1700 USD Per Ounce Realistic?
Can the price of gold hit the $ 1700 benchmark? And, can the price of gold push through the $ 1700 threshold?
Paul Tudor Jones, Founder of ‘Tudor Investment Corp’ believes gold can meet and then push through the $ 1700 USD per ounce threshold.
“…the price (of gold) can break through $ 1400 and push to $ 1700 rather quickly.”
Here are some factors that could accelerate the rise in the price of gold:
Destabilization of Global Markets: so many markets that were fixed and reliable for decades are now seeing drastic and dramatic shifts. These shifts have immediate and lasting impact on the price of gold
Rate Cuts: The FED has indicated that the possibility of rate cuts is real. Decreasing interest rates and multiple rate reductions have dramatic impact on the price of gold
QE # 4: The Fed seems unrelenting in their decision to continue to print FIAT currency. Continuous and ongoing currency printing has a dramatic and long-term impact on the price of gold
Economic Warning Signs: there are multiple and expanding ‘economic warning signs’ that have dramatic and long-term impact on the price of gold
In future sessions, FNB will address these factors in close detail. Factors that have sometimes immediate, but certainly long-term impact on the price of gold.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:
FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Founder and Owner,
First Nation Bullion
For direct consultation with a gold and silver expert contact FNB: