Connect with us

Hi, what are you looking for?

Big States NewsBig States News

Investing

James Henry Anderson: Gold Facing Tectonic Shift, US$2,400 Will Look Cheap

James Henry Anderson, senior market analyst at precious metals dealer SD Bullion, shared his thoughts on gold and silver, including what factors are moving the metals right now and where they could go in 2024.

In his view, the precious metals sector is undergoing a tectonic shift with far-reaching impacts. ‘Ultimately I think US$2,400 (per ounce gold) is going to be looked back in time as being cheap,’ he said.

Watch the interview above for more of Anderson’s thoughts on gold and silver.

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

This post appeared first on investingnews.com

You May Also Like

Stock

In this episode of StockCharts TV‘s The Final Bar, Tony Dwyer of Canaccord Genuity talks Fed policy, corporate bond spreads, and why the level of interest...

World News

With his foot on a front porch of a stately home in Charleston, S.C., a canvasser for a $100 million field effort supporting Florida...

World News

LOS ANGELES — On Tuesday, just minutes after the Supreme Court reversed the conviction of a man who’d made relentless online threats to a...

Business

Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage...