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Gold Has Limited Upside, Contrary To The Rest Of The Precious Metals Complex

From investinghaven.com

Gold is trading around $1500. This is just 4 pct below our $1550 price target which we published a year ago in our Gold Price Forecast For 2019. Investors who are late to the party should not aim for this last 4 pct upside. At all, it will be counter productive. Where there are still opportunities is in the rest of the precious metals complex: the silver market (silver price and silver stocks) as well as some top gold stocks. The reason we believe the upside potential in gold is limited is not only because we said so in our forecast, which was also published on MarketWatch and Barron’s with these headlines: Why ... (full story)

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  • Category: Fundamental Analysis