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Alex77on Jun 25, 2018 3:37pm
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RE:Global Recession Will Trigger Huge Gold Price Spike
RE:Global Recession Will Trigger Huge Gold Price Spike3 Gold Experts Share Bullish Price Predictions
Industry heavyweights David Morgan, Rob McEwen and John Kaiser share their thoughts on how high the gold price could eventually go.
At this year’s PDAC convention in Toronto, experts David Morgan, Rob McEwen and John Kaiser shared their thoughts on gold’s long-term price potential.
They each gave their input on how high the yellow metal could go in the coming years, with some gold experts giving estimates of up to $10,000 per ounce — much higher than the current price of about $1,325.
Morgan, who publishes the Morgan Report and is best known for his commentary on silver, said gold could rise as high as $10,000 in the future, explaining that the outlook has a historical basis.