Wednesday , 17 August 2022

Could Gold Drop To $1,000 In a Fast & Furious Sell-off?

I believe those with patience will get the chance to buy gold a lot cheaper than current prices. Gold could be heading toward the $1,000 per troy ounce level – or lower – and that price may come in a fast and furious sell-off.

Here are 3 stark divergences between gold and other precious metals and the dollar that bulls should NOT ignore.

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Related Articles from the Vault:

1. Gold & Silver Going BELOW $1,000 & $15 Respectively Say These Analysts

“Told you so!” I’m sure that is what the analysts who have projected such a dramatic decline are saying with the recent major correction in the prices of gold and silver. Read why they have come to their conclusions in this catch-all article. Read More »

2. Gold Measurements “Troy” & “Karat”: What Do They Mean?

You have no doubt read countless articles on the price of gold costing x dollars per “troy ounce” or perhaps just x dollars per “ounce” but the difference between the two measurements is significant. For that matter, what’s the difference between a 24 karat gold ring and an 18 karat gold ring? Let me explain. Read More »