From Peter Reagan
This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: What banks expect in 2023, what pundits expect in 2023, and is platinum making a comeback?
Here’s where banks see gold going in 2023
Many who follow high-profile private sector forecasts have seen Saxo Bank list gold as a possible black swan beneficiary in 2023. Should circumstances meet their expectations, says the bank, gold could soar to $3,000 this year. (Now, this article attempting to debunk this price range still forecasts a gold price rise of 20-30% range, to $2,200-$2,400). Still a large increase that obviously tells us gold has room to go.
Juerg Kiener, managing director and chief investment officer of Swiss Asia Capital, recently made headlines with his forecast of $4,000 gold this year. Continue reading “Market Experts Are Predicting Big Gold Moves In 2023”
