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Kevin Smith: Gold Run Still Early, Two Paths to US$20,000 Price Target - investingnews.com

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DW NOTE

Kevin Smith is calling for US$20,000 gold while the metal sits at $4,181, down 21% from its January peak and falling through eight months of active war in the Gulf. The Strait of Hormuz has been effectively closed since February, WTI is at $90, and gold is still retreating. If this rally is "early," the market hasn't received the memo.

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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

Kevin Smith: Gold Run Still Early, Two Paths to US$20,000 Price Target - investingnews.com

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