-
Investors will want to own gold as ‘America faces a debt reckoning' - Maison Placements Canada's John Ing
One of Toronto’s oldest boutique investment firms is warning investors that gold could be a good asset to own as the world faces significant threats in the coming months and years. In his latest research report, John Ing, president and CEO of Maison Placements Canada, said he is looking for gold prices to rally to $2,200 an ounce as the chickens, raised on decades of uncontrollable spending, come home to roost. Ing said in his latest commentary that they believe “mounting inflation, de-dollarization, heightened geopolitical risks, global debt and the rise in populism” provide a positive backdrop for gold: “it ... (full story)