Andrew O'Donnell: Gold Has a Case for Years to Come — Here's Why
Description
Andrew O'Donnell, managing director at SuperCharged Stocks, doesn't see gold rising aggressively in 2020, but he does believe that the metal has a strong future. #VRIC20 #Gold #Investing
"(My target is) US$1,670 (per ounce) for the year, somewhere around there," he said at the recent Vancouver Resource Investment Conference.
"Now, we're going to get more volatility in it, I think there'll be trading in it," he continued. "But I think this is more of a slower climb because the problems that we're facing on a macro level are significant, and they're not going away any time soon ... There's some significant foundational problems that mean gold is going to have a case for years to come."
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