In the past days, the ounce price of gold fell to $ 1,800 after climbing above $ 1,860. This situation made investors nervous. But Cupel Advisory Group director Dr. Nicole Adshed-Bell said that the uptrend in the gold price is still intact. Cryptocoin. com we share Adshed-Bell’s comments…
Gold will continue to rise, according to Cupel Advisory Group executive
Earlier this month, Adshead-Bell spoke at the Deutsche Goldmesse trade show in Frankfurt, Germany. “We are no longer at the beginning of a bull market,” Adshed-Bell said, adding that the easy money has already been earned. According to the expert, bull markets can develop at variable times, and some can be extremely long in duration. 2020 was a very exciting year in this respect.
The expert points out that there will always be a correction when there are such parabolic movements, and talks about it being “natural and healthy”. In addition, Adshead-Bell said inflation and global uncertainty support the bottom line. Saying that all these elements circulating in the world are “very, very good” for gold, the expert said, “I think we will look back at this year in the future and think about how suitable it is to enter the sector. The resource space is challenging, there aren’t many industries like the small resource space that offer similar risk and reward for investors,” he said.
We had a great performance last year in a number of exploration areas. This combined with the enthusiasm of the gold market. It wouldn’t surprise anyone to see an increase of 600 percent to 2,000 percent. In such a short time, we can see returns that you have not seen in any other sector.
