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Home / Metal News / Why This CEO Sees $1,900 Gold, $25 Silver On The Horizon

Why This CEO Sees $1,900 Gold, $25 Silver On The Horizon

Aug 26, 2016 09:23

Source:SMM

Kitco News speaks with Guild Investment Management founder Monty Guild to find out why he thinks gold is headed to $1,900 and silver to $25 an ounce.

Aug 24, 2016

Guest(s): Monty Guild Founder, Guild Investment Management

Kitco News speaks with Guild Investment Management founder Monty Guild to find out why he thinks gold is headed to $1,900 and silver to $25 an ounce. “More important than the direction of the economy is the current psychology about governments’ ability to avert economic problems, and about the integrity of government actors that is projected to the business community and to the consuming and investing public,” the LA-based CEO told Daniela Cambone Wednesday.

Source:Kitco

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In the medium term, the gold prices will soar to $2,200-2,400/oz. In the next five years, if the Dow Jones index shrinks by 20%-30%, the Dow Jones to gold ratio may converge to 2:1, and the gold prices will rise to $10,000/oz.

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Gold Prices may Skyrocket to $10,000/oz within the Next Five Years

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Oct 27, 2021 16:33

Industry

A Super Large Gold Mine Is Discovered in Henan, the Reserve May Reach 500,000 mt

China Gold Reserves Fall in Late September

China’s gold reserves decreased on the monthly in late September, according to data released on October 9 by the People’s Bank of China (PBOC).

Oct 9, 2017 16:39

Industry

China Gold Reserves Fall in Late September

Japan Mitsubishi Expected to Increase 14% Copper Output for Upcoming Half Year

Mitsubishi Materials Corp said the estimated output of refined copper from October to March next year is 181,830 tonnes, increasing 13.9% compared with the same period of last year.

Oct 9, 2017 09:09

Reminder

Japan Mitsubishi Expected to Increase 14% Copper Output for Upcoming Half Year

Zijin Mining Net Profit Shoots up in First Half on Well-behaved Metals

Zijin Mining Co.’s net profit belonging to listed shareholders jumped 179% on a yearly basis to 1.5 billion yuan in the first half of 2017, according to its earnings reported.

Jul 21, 2017 11:53

Industry Reminder

Zijin Mining Net Profit Shoots up in First Half on Well-behaved Metals

Look For Gold Bullion Coin Sales To Pick Up In Second Half - ETF Securities

U.S. Mint sales data show gold bullion demand is seeing its weakest first half in 10 years, but one analyst expects sales to pick up in the second half of the year as consumers adjust to stable prices

Jun 7, 2017 15:30

Industry

Look For Gold Bullion Coin Sales To Pick Up In Second Half - ETF Securities

Volcan Looks for Copper Mine M & A Chance

Volcan is looking for M & A chance of copper mines to diversify its business, wenhua.com reported.

Jun 7, 2017 10:24

Industry Reminder

Volcan Looks for Copper Mine M & A Chance

Mexico Releases Major Metals Output in February, Copper Output Rose 13.3%

National Statistics Institute reported Mexican copper output increased 13.3% year-on-year to 42,533 tonnes in February, and lead production fell 9.2% year-on-year to 15,467 tonnes, wenhua.com reported

May 2, 2017 14:57

Industry

Mexico Releases Major Metals Output in February, Copper Output Rose 13.3%

US Silver Scrap Prices Up Nearly 1%; Silver Futures Slightly Up

United States silver scrap prices edged up on Friday, while silver futures prices at New York Mercantile Exchange nosed higher by 7 cents.

Nov 29, 2016 08:55

Industry

Newcrest Copper Output Increases in Q3

Australia-based Newcrest announced last Wednesday its copper and gold output increased in the third quarter due to output growth in its Indonesia and Australia facility, wenhua.com reports.

Oct 31, 2016 11:21

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Why This CEO Sees $1,900 Gold, $25 Silver On The Horizon

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