Gold Price Seen Moving `Easily' Above $2,000: Video - Bloomberg
Holmes believes gold could “easily” exceed $2000, noting the
psychology of passing through big round numbers like this. He quickly
dismisses Guy Johnson’s querey about where the dollar has to go for that
to happen, rightfully noting that all of the world’s major currencies
are being competitively debased.
Holmes also believes that gold is only halfway through its
super-cycle. With that in mind, it strikes me that there is indeed
significant potential beyond $2000. And yet we watch in Aw as to why Gold is down today?
We know why, we just find it comical.
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