kingworldnews.com
On
the heels of the recent volatility in the gold and silver markets,
today legend Pierre Lassonde spoke with King World News about what is
happening behind the scenes that is going to be a massive game-changer
for the gold market.
Lassonde
is arguably the greatest company builder in the history of the mining
sector. He is past president of Newmont Mining, former chairman of the
World Gold Council and current chairman of Franco Nevada. Lassonde is
one of the wealthiest, most respected individuals in the gold world, and
as always King World News would like to thank him for sharing his
wisdom with our global readers during this critical period in these
markets.
2019 Will Be A Big Breakout Year For Gold
December 20 (King World News) – Eric King: “Pierre, you said to me the other day that you thought we could see $1,400 gold by the end of January.”
Pierre Lassonde: “If you look at the Comex, there was a (managed money) short position up until about a week ago. I don’t think I’ve seen that in about 20 years. For
the professional to bet negative on gold — when that turns you are
looking at 400-600 tonnes of demand in a space of possibly a week or
two. That will move the gold price pretty handily. We are going to see higher prices in January. Yes, could we see up to $1,400? Absolutely. 2019
is shaping up to be a year where the gold price will finally break out
of its 7 year doldrum…Pierre Lassonde has an even more surprising
prediction for where the price of gold will be at the end of 2019 and
you can listen to his prediction in the KWN audio interview that was
just released by CLICKING HERE OR ON THE IMAGE BELOW.
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