Gold investors are going to have some fun as prices run to $5,000 this decade – Incrementum AG (Video)
Gold investors are going to have some fun as prices run to $5,000 this decade – Incrementum AG Video by KitCo News
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Gold is embarking on a broad-based, decade-long bull market, and it’s not a matter of if prices hit all-time highs but when it hits all-time highs, said one of the authors behind the annual ‘In Gold We Trust’ report.
In an interview with Kitco News, Ronald-Peter Stoeferle, fund manager at Incrementum AG, said that a new monetary policy regime of low interest rates and high inflation is expected to drive gold prices to nearly $5,000 an ounce in the next 10 years.