Gold: How high does the precious metal climb? Market Whispers (german Video)

The highlight of yesterday was the rise of Gold above the 1300 Dollar mark! How much more will the price rise after significantly more money than in the wake of the financial crisis has flowed into Gold based ETFs? A crucial point is the balance sheet of the central banks. At the world’s most important central bank – i.e. the Fed – the balance sheet total is currently declining slightly. On the other hand, the balance sheet total of the ECB is reaching a new all-time high. The more digital money the central banks print, the better for the price of Gold. In the short time window there should still be some room for improvement up to the 1850 Dollar mark. Stock markets today are volatile. Between hopes of an economic recovery and the still extremely high corona figures in the USA.

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