Soros, Faber, and the Union Bank of Switzerland trust in gold
Some financial experts and analysts were interviewed after Brexit and they all agree: now is the best time to earn with gold!
One gold record-breaking piece of news after another. Coincidence? Keep on reading to find out what financial analysts have to say about the topic.
Faber and Soros recommend buying gold
The well-known financier Marc Faber recommends investors to have gold. Why? From the beginning of the year, he foresees a collapse in the stock markets as the global economic situation gets more and more destabilized. And what is more, the eminent billionaire George Soros agrees with this idea. In moments of uncertainty, gold purchasing is a reliable alternative to protect your funds.
Swiss analysts coincide: gold is on the rise
The specialized analysts of the Union Bank of Switzerland coincide in predicting a rise in gold prices. One of them, Joni Tevez, stresses that there is a upward trend in the gold market now and predicts gold prices to grow up to $ 1,400/oz.
The UK referendum: the cards are dealt
The referendum recently held in the UK directly influenced the forecasts for gold prices. According to one of the Bloomberg surveys, analysts believe that the price rise of $ 1,900 per ounce is a matter of time. The respondents (the analysts themselves) believe that the price of gold is subject to increase by $ 200 per ounce and probably reach the value of $ 1,500 by the end of the year.
On 10th July one ounce of gold cost $ 1,366: a maxim peak in two years! What other changes are expected in gold prices? Follow the Global InterGold news portal for more information.
Remember that gold is able to protect and increase your income. Read Global InterGold's news portal for more information on different aspects and earning possibilities of gold. Stay tuned for the latest updates about the gold world:
