Gold Price Outlook for 2020 - very bullish on gold - How to make money investing in gold
Chris Ralph, Professional Prospector 21:33
4,414 views · 236 likes Watch on YouTube ↗
This last year gold went up almost 19% how many of you made better than 19% on your money this year???? How much gold should you own to be safe?
Most Investors are still ignoring it. Central Banks are buying gold and many central banks are easing. Gold is wealth insurance and central bankers know it is true. That’s why they are buying. China alone is buying 800 to 1000 tons per year. Governments and high net worth individuals are buying gold heavily. What does that tell you?
The 2019 rally in gold showed that even the hint of a recession will make gold launch. Interest rates are coming down. Much of the world has negative interest rates and we are heading in that direction. Growth is slowing and has been. The fed is starting to pump money into the economy and will need to do more and more to keep things going. Gold is tied to interest rates that will be heading downward in the future to prop up the economy. That is very bullish for gold.
This is the video referenced in this video:
https://youtu.be/w6tuD0gRjb0
For those who want to learn more about Prospecting and finding gold check out my book, Fists full of Gold. It’s an encyclopedia of everything on the topic of prospecting. It’s available on Amazon. You can find it at (affiliate):
https://www.amazon.com/gp/product/0984269207/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0984269207&linkCode=as2&tag=nevadaoutback-20&linkId=ab9ce57d40522b1cc4764073f9d5638f
For even more information on prospecting, minerals, gems and other related information you can also check out my website at:
http://nevada-outback-gems.com/prospect/chris_prospect.htm
Most Investors are still ignoring it. Central Banks are buying gold and many central banks are easing. Gold is wealth insurance and central bankers know it is true. That’s why they are buying. China alone is buying 800 to 1000 tons per year. Governments and high net worth individuals are buying gold heavily. What does that tell you?
The 2019 rally in gold showed that even the hint of a recession will make gold launch. Interest rates are coming down. Much of the world has negative interest rates and we are heading in that direction. Growth is slowing and has been. The fed is starting to pump money into the economy and will need to do more and more to keep things going. Gold is tied to interest rates that will be heading downward in the future to prop up the economy. That is very bullish for gold.
This is the video referenced in this video:
https://youtu.be/w6tuD0gRjb0
For those who want to learn more about Prospecting and finding gold check out my book, Fists full of Gold. It’s an encyclopedia of everything on the topic of prospecting. It’s available on Amazon. You can find it at (affiliate):
https://www.amazon.com/gp/product/0984269207/ref=as_li_tl?ie=UTF8&camp=1789&creative=9325&creativeASIN=0984269207&linkCode=as2&tag=nevadaoutback-20&linkId=ab9ce57d40522b1cc4764073f9d5638f
For even more information on prospecting, minerals, gems and other related information you can also check out my website at:
http://nevada-outback-gems.com/prospect/chris_prospect.htm
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