David Garofalo: Gold Still Poised for Best Run Ever, US$3,000 in the Cards скачать в хорошем качестве

David Garofalo: Gold Still Poised for Best Run Ever, US$3,000 in the Cards

This interview was filmed on May 17, 2022. ​Gold's performance so far this year has disappointed some market participants — is it set to improve? David Garofalo, CEO and chairman of Gold Royalty, believes the yellow metal is still on track to reach US$3,000 per ounce in 2022. "At the onset of a bear market, which we're experiencing in the equity markets right now, it's the baby and the bathwater — everything is getting thrown out, including gold equities and gold. But eventually more discerning investors will start to buy defensive asset classes, and gold clearly is that in this type of inflationary cycle," he said. Garofalo added, "I still believe gold is poised for the strongest run it's ever had — I do believe gold will achieve US$3,000 in this cycle." #VRIC2022 #Investing #Gold 0:00 - Intro 0:20 - Equities bear market hurting gold 2:07 - Recession and next steps for Fed 4:07 - Can gold still hit US$3,000 in 2022? 6:23 - Mining industry's existential crisis 9:38 - Gold Royalty's plans for the year 12:31 - David's final advice for investors 13:08 - Outro ________________________________________________________________ Investing News Network (INN) Find out more about investing by INN @ https://investingnews.com/ Follow this link to learn more about Gold ↓ https://bit.ly/2ZlNHlb Want a FREE investor kit? Download here↓ https://bit.ly/31NNNTR Follow us Facebook:   / investing.news.your.trusted.source   Follow us on Twitter: @INN_Resource ________________________________________________________________ The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.