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Gold Predicted To Surge 90%

2020-08-10 23 Dailymotion

CNBC reports that gold prices could reach $4,000, the CEO of US Global Investors told CNBC Monday.<br />Frank Holmes said: "It's quite easy to see gold going to $4,000." CEO of US Global Investors.<br />Holmes believes rising monetary stimulus is the main reason gold prices can soar to that level.<br />Business Insider reports that Gold broke $2,000 the first time last week, on expectations of a US stimulus bill.<br />Another strategist said development of a vaccine and US presidential elections could reverse gold's rally.

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