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Rare Coin Market Update

Rare Coin Market Update #29 (Archives)

Is Gold Moving Towards $5000 an Ounce?

by Staff 2015-05-15 12:46:45

Thursday's closing gold settlement of $1,225.20 an ounce on the Comex has marked the highest close since mid-February. It has been reported in Marketwatch ( that the upside in gold equities is phenomenal and that Peter Schiff, chief executive officer at Euro Pacific Capital, is betting on gold’s eventual climb to $5,000 an ounce. This expectation is also shared by James DiGeorgia, author of the New Market in Gold, $5000 Gold and the Many Ways to Profit from it.


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