Loading

Looking beyond the Obvious: GOLD & SILVER

E.B. Tucker forecasts $40 silver price, $2,500 gold by year-end

Key take aways:
1. US Fed is printing money to the tune of 5 Trillion USD over 2020 and 2021. That is nearly 40% of physical Gold ever mined across the world. This shall send the price of Gold much higher.
2. There is no speculation in the precious metal markets yet. But we may see that too happening in the future when Gold & Silver begin to rise.
3.  Over last 20 years, Gold has beaten Warren Buffet’s portfolio performance by a huge margin.
4.  Gold mining companies are looking attractive. Warren Buffet himself bought into “Barrick Gold”. That’s because he sees that the fundamentals are good. The company has 2x the operating margins in comparison to Microsoft and has higher Dividend Yield

 

 

 

About The Author

Avatar

18 years of experience, PG in Finance and has delivered Wealth Management lectures at IIM Lucknow, IBS Gurgaon and IIPM Delhi. Contributed to various newspapers. Strength – Application of Economic fundamentals to Investment

Related posts

Leave a Reply

Your email address will not be published.