Post by
StockDoctor101 on Jan 03, 2023 4:03pm
Gold outlook for 2023
Gold futures were up to a 6 month high earlier this morning and it looks like the outlook for gold in 2023 is positive. Eric Strand, manager of the AuAg ESG Gold Mining ETF, said that 2023 would yield a new all-time high for gold and the start of a “new secular bull market,” with the price exceeding $2,100 per ounce. If central banks decide to pivot rate hikes, gold could have a huge year and KALO.v (which is selling off today but has seen a 125% gain over the past month) could see significant upside with their land package in the Ring of Fire.