Connect with us

Hi, what are you looking for?

Investing

Yvonne Blaszczyk: Global Gold Rush is On — BRICS Takeaways, US Election Impact

‘The world is going to be very much bipolar, and the global village has changed,’ she explained. ‘Right now it’s west against east, and everything is turning to the east. So that is a very serious consideration.’

Blaszczk noted that while it’s tempting to focus on issues close to home, a wider perspective is key.

‘The major emphasis is on global geopolitical developments,’ she commented.

When it comes to gold, Blaszczk is standing by her US$3,000 per ounce prediction, adding that it is likely to happen soon.

‘There is a global race for gold — it’s a gold rush in some ways,’ she said, pointing to ongoing central bank buying.

‘Gold is going up, and it will be going up,’ Blaszczk continued. ‘I don’t think people should worry about the trends going up and down. I think people are (too) preoccupied on a daily basis with gold, or a monthly basis.’

Watch the interview above for more of her thoughts on the BRICS and gold.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    Union members at Ford, Stellantis and General Motors have ratified a new 4½-year contract, locking in at 11% pay increases secured after a six-week...

    Investing

    ASX-listed Antilles Gold (ASX:AAU, OTCQB:ANTMF) is an Australian mining company focused on gold and copper projects in Cuba through joint ventures with the Cuban...

    Latest News

    A man accused of murdering his girlfriend in Boston before fleeing to Kenya has been re-arrested following his escape from a police station in...

    Latest News

    Five people have died and 49 are unaccounted for after a multi-story building collapsed Monday afternoon in the South African city of George, officials...

    Disclaimer: Nationalfinancialnews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 nationalfinancialnews.com