Tuesday , 19 March 2024

Eveillard: Protect Yourself From This Global Storm by Owning Physical Gold or Gold Mining Stocks – Here's Why

Investors should look for protection from this global storm by owning physical gold or even gold mining stocks for that matter because they are so undervalued vis-a-vis bullion. I have no appetite for bonds or cash because every central bank is debasing their own currency and cash yields nothing.

So says Jean-Marie Eveillard in edited excerpts from an interview with King World News , as provided by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!). This paragraph must be included in its entirety in any re-posting to avoid copyright infringement.

Eveillard goes on to say, in part [the interview can be read in its entirety here]:

My contention is that the inflationary policies are already in place and, as long as they are in place, the upside for gold remains intact.

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I believe that the price of gold will… reach… $3,000, $4,000, and even $5,000 [per troy] ounce…during the course of this long-lasting bull market, a bull market that still has years of life left to it…[although] prices will remain extremely volatile – with big swings both up and down along a rising trend…The future price of gold is a function of past and prospective world economic, demographic, and political developments [and in this article] I review some of these developments and trends – so that you can come to your own “golden” conclusions. Words: 3800