Government Shutdown? U.S. Dollar Down, Gold Up
Gold prices hit a four-month high last week, gaining support as the U.S. dollar went down. In fact, the greenback hit three-year lows on Monday.
Frank Holmes: 9 Reasons Gold Looks Great in 2018
2018 has arrived, closing out a year where gold enjoyed its best performance since 2010!
Peter Spina, GoldSeek.com
“We expect silver prices to average $17.25 an ounce in 2018, with the biggest gains seen by the fourth quarter. We are optimistic about silver because of higher industrial demand and falling supplies.”
Jayant Manglik, Religare Securities
“Silver prices are likely to move up in 2018 due to rising industrial demand. Since global growth is looking to remain extremely positive, we believe silver consumption to go up this year.”
Peter Spina, GoldSeek.com
“The bullish price scenario for silver keeps growing over time and within the next of couple of years, silver prices will climb.”
Goldman Sachs
“We are seeing evidence of silver industrial demand picking up with strong global growth. Therefore, strong global growth should lead silver to higher prices, as it has in the next expansion phase.”
Credit Suisse Calls Bitcoin the “Very Definition of Speculation”
Investment bank analysts have been lining up to talk about bitcoin.
What’s Wrong with the U.S. Dollar?
Amid all the fanfare about record highs in the stock market, there’s been one fly buzzing loudly in the ointment: the U.S. dollar.
TD Securities
“Underperforming silver is set to shine as gold improves and low real rates, firm demand, weak supply and higher volatility are the reasons we are positive on silver.”
The Bank of Montreal (BMO)
“Our long-term silver price target represents a gain of 17% from current prices.”
