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Thread: Is Gold About To Break Out And Destroy Everything? Three Giants Of The Industry Talk The Outlook For

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    Default Is Gold About To Break Out And Destroy Everything? Three Giants Of The Industry Talk The Outlook For

    Last year may have been ruled by bitcoin and the crypto space but is 2018 shaping up to be the year of the yellow metal?
    Watch the much anticipated debate between three titans of the gold space; bestselling author Jim Rickards, Sprott’s Rick Rule, and Kitco Metals global trading director, Peter Hug give their matter-of-fact, point of views on the metal. With Rule kicking things off by noting, “gold did what it had to do in 2017,” does he expect it come out with a bang in 2018? And what about Rickards? Is he holding onto his $10,000 gold call and if so, what context does he see this happening under? Hug, known as the most conservative of the three with his gold forecast, also surprises viewers with some thoughts. So watch now and find out who thinks this is the beginning of the greatest bull market of his lifetime!
    Kitco News Anchor, Daniela Cambone moderates the panel during the 2018 Vancouver Resource Investment Conference.

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    One question on this video is how the millennials, who did not go through the collapse in '08, will deal with gold. Myself -- I also wonder how they will see PM coinage given that circulating coins in their time have such little value, they are seen as a nuisance. (In my youth -- coins were still widely used and valued -- I remember saving up coins to get treats -- a dime could get me a candy bar, a quarter school lunch; the use of such coins led my interest into coins and then into history of money and coin collecting -- what will lead millennials into PM coinage -- and do American millennial trends really matter in the wider, worldwide picture?).

    Any millennials here care to weight in, how do they and their peers see gold bullion?
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

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