Gold Is Still a Bargain Buy :: The Market Oracle ::
Peter Krauth discusses the confluence of factors that points to the gold bull market having plenty of upside ahead. In investing, as in life, perspective is everything. To some, gold at $1,525 as we started out 2020 seemed expensive. Today, it's trading at $1,940, producing a 27% gain. And yet, from several viewpoints, gold still looks cheap at current prices. Debt, easy money and geopolitical risks are ever present. And these have all been tough on the U.S. dollar. Ongoing weakness in the greenback looks set to continue, providing a huge tailwind for gold prices. So much, well beyond...
Source: marketoracle.co.uk