Gold Price and the Covid-19 Vaccine!

Discussion in 'Bullion Investing' started by fretboard, Nov 23, 2020.

  1. fretboard

    fretboard Defender of Old Coinage!

    Looks like the price of Gold is slowly moving upward. That's a very good sign considering vaccines are moving upward as well! :D
     
    GoldFinger1969 likes this.
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  3. serdogthehound

    serdogthehound Well-Known Member

    I like the idea of $2000 oz gold myself
     
    fretboard likes this.
  4. fretboard

    fretboard Defender of Old Coinage!

    Yes, $2000 will be done easily! Before Covid-19 the price of gold was already at $1500. Right now with all this talk about covid vaccines and the price today was $1865! With all the damage done by Covid-19 to see the pog at $1865 tells me the price will easily go over $2000! Feel free to mark my words! :D
     
  5. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Gold was over $2,000 a few months ago.

    A strong economy and rising 10-year rate (inflation ?) could move the price up.

    Lots of crosscurrents right now pressuring it up and down.
     
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