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RE: Metal Analysis Report 7/9/19 - Can Gold Hit $2000 By Year End???
I think we could easily hit $ 2000 by the end of the year. A factor to keep in mind is that it may not be a higher demand for Gold that drives the price, but also a more diluted purchasing power of the US DOLLAR. If the FED approves more Quatitative Easing, then my opinion is that we will reach $ 2K/oz.
Great point as the Markets are expecting two rate cuts this year.