Don Durrett of GoldStockData.com explains why gold’s record-setting price run isn’t over.
‘The reason gold is at US$5,000 (per ounce) and going higher is because the US bond market is fragile and becoming more fragile every day,’ he said. ‘But not only that — I’ve said this — it’s going to fail, and that’s why gold keeps going higher and higher and higher.’
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com