Friday 16 December 2022

USD 3,000 per ounce : Gold

is the fourth single from Spandau Ballet's third album TRUE,  which hit number two in the UK Singles charts way back in 1983 

MANY people have been taken aback by SAXO bank's prediction that Gold will hit more than USD3000 soon. After all, who is this SAXO BANK, and a detailed look  at their analysis indicate that the US dollar will become insignificant in 2023.

SAXO Bank is an online trading and  investment bank from Denmark, with a staff strength of more than 2,000 people. READ : Gold rockets to USD 3,000 as central banks fail on inflation mandate

I'm glad that you're bound to return
There's something I could have learned
You're indestructible

SAXO Bank's analysis might be weird but their prediction that Gold could hit US3000 per ounce is not outrageous at all as respectable publications such as Forbes magazine has been debating on this matter since Feb 2022.