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George Frorley-Stanley, the main strategy of global consultants of state street, has 40% of gold in 12 months. Here is it.
Gold hit a $ 3,139.90 ounce of $ 3,000 this week after the first time in March. While Tariff of President Donald Trump Tariff prices on Thursday, investors remain positive in yellow metal.
“Although traditionally inflated and realistic fictions are the main drivers of gold prices, the Central Bank recently emerged as the main catalyst behind the current gold price increase,” he said.
The team sees Gold reaches $ 3,500A 13% increase in current levels.
George Frorley-Stanley, also the main gold strategy of global consultants, as well as the sale of the Central Bank, will retain gold Humming this year, but two additional drivers.
The idea of Elon Musk for Fort Knox Gold
“We have seen a great increase in developing markets and in China and in the last year and in the last year, in the Western world, in Western Europe and North America, because of the concerns about the worldview of the US economy and the European economy,” he said.
| Ticker | Safety | Last | Change | Change% |
|---|---|---|---|---|
| I: Dji | Dow Jones on average | 40545.93 | -1,679.39 |
-3.98% |
| SP500 | S & P 500 | 5396.52 | -274.45 |
-4.84% |
| I: Comp | Nasdaq composite index | 16550.605314 | -1,050.44 |
-5.97% |
US shares flickered Thursday After Trump’s reciprocal tariff, all three after throwing the average. Dow Jones Industrial Averts more than 1,600 puppies or more than 4%, and about 5%, while the S & P 500 decreased by about 5%, and Nasdaq Composite decreased by about 6%.
When will the tariff price increase?
99.99% clean gold crisis (Through Getty IMGS via Alexander Manzyuk / Anatolia)
“When the United States occupies Ukraine”, it has been a good place for those who have been so far and I think this will be a good place. The more uncertainty and chaos should, “he said.
So far, this year, gold, Dow Jones has developed gold $ 467.80 or 17.79%, as followed by the Market Information Group. For comparison, the S & P 500, the most widest reserves decreased by 8%.
The SPDR Gold Trust ETF of the State Street has developed the only ETF 18% supported by physical gold. For comparison, the most width of the stock exchange lost 8%.
