Why Gold Price is Not at $6k Already And Why It Was ‘Managed’ by The Government – Luke Gromen

• Kitco NEWS
  Gold is a political metal, and competes with U.S. treasuries, said Luke Gromen, president of Forest for the Trees, and because of this, government authorities have historically been trying to “manage the price.” Gold has the potential to reach $6,000 an ounce but is being held back, Gromen said.
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  0:00​ – Gold has been ‘managed’
  4:14​ – Gold outlook for 2021
  7:06​ – Monetary stimulus and gold
  9:30​ – Supply chain disruptions
  10:51​ – Bond yields
  12:50​ – Gold price upside
  16:00​ – What’s holding gold back from reaching $6,000?

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