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Gold Predicted To Surge 90%

Video Credit: Wochit News
Published on August 10, 2020 - Duration: 00:27s

Gold Predicted To Surge 90%

CNBC reports that gold prices could reach $4,000, the CEO of US Global Investors told CNBC Monday.

Frank Holmes said: "It's quite easy to see gold going to $4,000." CEO of US Global Investors.

Holmes believes rising monetary stimulus is the main reason gold prices can soar to that level.

Business Insider reports that Gold broke $2,000 the first time last week, on expectations of a US stimulus bill.

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