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Gold Prices Could Hit $5,000 Says Billionaire

Big move in gold as shown here:

You could easily see gold prices $100 lower before it catches a wave and rallies a few thousand dollars,” he said.

Also further highlights of this article:

Kaplan is just the latest fund manager to jump on the gold bandwagon. Earlier this month, SEC filings showed that Ray Dalio’s hedge fund Bridgewater Associates increased its holdings in both SPDR Gold Shares (NYSE: GLD) and iShares Gold Trust (NYSE: IAU) in the first quarter of 2019.

David Einhorn, founder of Greenlight Capital also reiterated his positive sentiment for gold in a conversation with Kitco News during the Sohn Investment Conference.

“I hold gold, and I am never going to get rid of it. I hope that I never have to use it,” he said.

See the article here

https://www.kitco.com/news/2019-05-29/Gold-Prices-Could-Hit-5-000-Says-Billionaire-Thomas-Kaplan-Bloomberg-Interview.html

Even a wealth manager at Big 5 Canadian bank I personally know said this about the Gold Silver ratio:

We are familiar with the correlation and it certainly appears undervalued with respect to pricing of gold and silver. Some of the managers we use in the alternative space would be taking advantage of this opportunity in their exposures to the commodities and precious metals markets in their mandates.

These professional and industrial mandates are very strict which could hold back your portfolio performance potentially if you are in a reputable wealth management firm.

See below about this ratio in my CFD report.

I am expanding my Oanda CFD reports including the Gold, Silver, and even Gold Sirver ratio. This was due to a request of my opinion with oil. Check out my download sample of this from here

Sample ZIP of Oanda CFD report files

Updated tour of Quant Analytics Dashboard

Check out my Analytics dashboard walkthrough in the video below.
This is part of my Analytics which will be ready to go later today. As a result, expect that 30% increase in price to kick in within a few days!

Details of service here:

Quant Analytics

Purchase under ‘Billing On a Monthly Basis’ for the lowest price of $47!

Thanks Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!