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18 January 2023 | Other

Gold will reach 2300 within several weeks, says publisher of the Trends Journal

Gold

Investment portal King World News recently interviewed  trend forecaster and publisher of the Trends Journal Gerald Celente. In November 2022, Celente said that the curve representing the gold price had formed the bottom pattern on the chart, and so, the cost of this precious metal would increase . His predictions turned out to be correct.

The forecaster says that the recent reduction of inflation in the U.S. isn’t a positive thing. There is no reason to talk about it, because if we look at the real data from the 1980s, the minimum rate of inflation, actually, reaches 14%. Heads of central banks were aware of the situation, therefore, they made a record amount of savings in gold.

Celente supposes that the cost of a troy ounce of gold may reach $2100-2300. 

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