Arcadia Economics, Released on 4/16/24
As the gold price trades near the $2,400 level, there’s been increasing coverage by the mainstream media and banks. With Citi being the latest to publish a report talking about a scenario in which we see $3,000 gold in the next 6-18 months. CNBC talked about their report, and how gold is shining ‘bright like a diamond,’ and this morning Vince offers his reaction, and also looks at JP Morgan’s recent visit to China.
Vince Lanci is Managing Partner at Echobay Partners LLC. Vince founded Echobay after a profitable career running CiS Options and Berard Capital. The firm is a vehicle for expressing his and “friends and family” personal investment ideas. Echobay also consults on market structure, risk management, and legal cases involving fraud in markets. Vince is also a regular contribute to ZeroHedge.com
Vince Lanci: Citi Says Gold Could Hit $3,000, Shine ‘Bright Like A Diamond’ added by Herman James on
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