Legend Pierre Lassonde Just Predicted The Price Of Gold May Hit $1,400 In January

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.