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KITCO: WORLD BANK sees DREARY GOLD prices in 2021, even as GOLD prices are holding steady gains and pushing closer to $1,800 an ounce
Posted By: NaturalWisdom Date: Monday, 3-May-2021 12:41:54
www.rumormill.news/171464
Is this another clear example of Cognitive Dissonance or an attempt by the globalists to manipulate public sentiment against gold as an investment hedge?
-NW
World Bank sees dreary gold prices, silver and platinum to outperform in 2021
Neils Christensen
May 3, 2021
(Kitco News) - The gold market's dismal start to 2021 could be just the beginning of a longer-term downtrend as the World Bank forecasts lower prices for 2021 and 2022.
In its April commodity report, the international financial institution said that it expects gold prices to average this year around $1,700 an ounce. Analysts expect average gold prices to fall to $1,600 in 2022.
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Gold, silver see good price gains on bullish outside markets
Jim Wyckoff
May 3, 2021
(Kitco News) - Gold and silver prices are solidly up in early U.S. trading Monday, on some perceived bargain hunting and amid bullish outside market forces that include a weaker U.S. dollar index and slightly firmer crude oil prices. The gold and silver bulls have regained the slight near-term technical advantage. June gold futures were last up $17.90 at $1,785.60 and July Comex silver was last up $0.652 at $26.53 an ounce.
Global stock markets were mixed overnight, with Asian shares mostly weaker and European shares mostly firmer. U.S. stock indexes are pointed toward higher openings when the New York day session begins. U.S. traders and investors are upbeat to start the trading week, amid recent economic data that generally depicts strengthening U.S. business activity, and a drop in Covid-19 cases that suggests the pandemic is finally loosening its grip on the world’s largest economy.
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