Kitco News, Released on 1/12/21
For Part 1 of this interview, CLICK HERE
Given the political and economic environment that we’re in, gold should be much higher, said E.B. Tucker, author of “Why Gold, Why Now.” Tucker had predicted gold to hit $2,500 an ounce by year-end of 2020, he is now updating his views and sees the price to hit that level by next year.
0:00 – Gold price should have been higher
5:27 – What is timeline for $2,500 gold?
8:33 – Monetary policy and inflation
15:12 – Investing and risk tolerance
17:21 – Misconceptions for royalty companies
Mr. Tucker writes The Casey Report, a monthly investment advisory founded by legendary resource speculator Doug Casey. Prior to joining Casey, he served as the analyst and lead analyst on Stansberry’s Investment Advisory and The Bill Bonner Letter respectively. Before joining Stansberry, Mr. Tucker was a founding partner of KSIR Capital Management; an asset management firm focused on precious metal equities. He also co-founded KSIR Capital, a corporate finance advisory firm focused on the precious metals industry. He holds a B.Sc. in Business Administration with a focus in Finance from the College of Charleston in Charleston, South Carolina.