Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to de-dollarize, and escalating inflation risks. He predicts that gold prices could reach $5,000 to $7,000 per ounce, supported by unprecedented central bank purchases, particularly among BRICS nations moving away from the U.S. dollar. “I think we are in the early innings here of a very prolonged and substantial gold bull market. Ultimately, I think that prices could get really out of control. How high could they ultimately get? You could make a case for five, six, $7,000 gold,” he said. Additionally, Rozencwajg highlights the potential for uranium investment due to a structural shortfall and the possibility of a new gold-centered monetary regime.
Analyst Predicts 'Prolonged and Substantial Gold Bull Market' — Eyes $7,000 Price
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