Solomon Mines

01/18/2021

StanChart's Cooper Sees Gold Surpassing $2K in 2021

Suki Cooper, Standard Chartered precious metals research executive director, takes a look ahead to where gold prices are heading in 2021. She speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."

Learn more 👉 https://solomon.gold/news/stanchart-s-cooper-sees-gold-surpassing-2k-in-2021-video

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Suki Cooper, Standard Chartered precious metals research executive director, takes a look ahead to where gold prices are heading in 2021. She speaks with Bloomberg& #039;s Vonnie Quinn on "Bloomberg Markets."

12/14/2020

"As the Founder of Solomon Mines, one of the many goals of mine was to create a special Member community where people were treated and supported like family. As someone who hails from the Financial sector, I also wanted to create a Platform where everyone could work together to build wealth on a stable system"

© Kristina Ch., Founder of Solomon Mines

Interesting, isn't it? Come check us out and start accumulating your savings in physical Gold 👉 www.solomon.gold

12/13/2020

12/10/2020

Frank Holmes: $2,600 gold is "very doable”; Bitcoin, Ethereum’s future explained 😱

⚜️ “A two-standard deviation move, which happens so often now in the past 21 years, we can get between a $400 move and an $800 move in the price of gold over the next 12 months. That would take us from to $2,200 to $2,600,” Holmes said.

⚜️ Cryptocurrencies will continue to do well; Bitcoin will be driven by increased adoption, while Ethereum benefits from the latest developments in DeFi.

⚜️ “The number of wallets, people that are embracing bitcoin, that’s been growing for the past three years,” he said, adding that the halving event this year contributed to the supply-demand tailwinds. “If tomorrow, if all the gold mines in the world said we’re going to cut supply by 50%, I can assure you gold will be at $10,000.”

Learn more 👉 https://solomon.gold/news/Frank-Holmes-2-600-gold-is-very-doable-Bitcoin-Ethereum-s-future-explained

What do you need in order to start your own Digital Business? ⚜️

📱 All you need is a laptop and an Internet connection. That’s it.

So, don't hesitate to come check us out at www.solomon.gold. It's super easy to become a Digital Business owner with Solomon Mines today. 😉

Another 40% move in gold in 2021 is "very doable" says Frank Holmes, who is looking for a range of $2,200 to $2,600 an ounce.

12/03/2020

Gold Prices To Peak At $2,300 In First Half of 2021 - Societe Generale 📈

⚜️ Gold prices have room to move higher even with the market facing growing headwinds as potential COVID-19 vaccines boost positive investor sentiment; however, commodity analysts at Societe Generale said that they are looking for prices to peak in the first half of 2021.


⚜️ Looking out to 2022, the SocGen sees prices falling back to $1,800 an ounce. But why?

Learn more 👉

Gold prices have room to move higher even with the market facing growing headwinds as potential COVID-19 vaccines boost positive investor sentiment; however, commodity analysts at Societe Generale said that they are looking for prices to peak in the first half of 2021.

10/13/2020

Stephen Leeb – This Is What Will Take The Price Of Gold Above $20,000 📈

⚜️ Today Dr. Stephen Leeb spoke with King World News about what’s going to take the price of gold to staggering heights above the $20,000 level. Dr. Stephen Leeb: “It’s going to be incredibly turbulent, and that will be what really boosts the price of gold.

⚜️ Gold right now is trading close to $1,900, but what’s going to take the price to $20,000 or even higher is…

Learn more 👉

Today Dr. Stephen Leeb spoke with King World News about what’s going to take the price of gold to staggering heights above the $20,000 level.

10/09/2020

Scientists Dazed And Confused By Extraordinary Amount Of Gold In The Universe🤯

They say if you spread out all the gold ever mined from the Earth in all of history, it would only cover a football field 18 inches deep 🤭

Learn more 👉🏻

They say if you spread out all the gold ever mined from the Earth in all of history, it would only cover a football field 18 inches deep

10/07/2020

What do you need in order to start your own Digital Business? ⚜️

📱 All you need is a laptop and an Internet connection. That’s it.

So, don't hesitate to come check us out at www.solomon.gold. It's super easy to become a Digital Business owner with Solomon Mines today. 😉

10/05/2020

The fundamental picture for precious metals HAS NEVER BEEN BETTER.

Governments worldwide have committed to suppressing interest rates and printing money to solve their debt problems. Eventually, they will be forced to default or devalue – it is that simple!

Learn more 👉

The fundamental picture for precious metals has never been better

10/02/2020

UBS Says You Should Buy Gold Now

Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC

“We like gold, because we think that gold is likely to actually hit about $2,000 per ounce by the end of the year,” according to Kelvin Tay, the firm’s regional chief investment officer, on Tuesday.

“And gold has certain hedges to it,” Tay said. “In (the) event of uncertainty over the U.S. election and the Covid-19 pandemic, gold is a very, very good hedge. And its recent weakness represents a great entry point for investors,” he added, speaking to CNBC’s “Squawk Box.”

Learn more 👉 https://solomon.gold/news/investing-in-gold-buy-gold-as-prices-weaken-says-ubs-wealth-management

⚜️ Learn how you can start your own Digital Business based on physical Gold: https://solomon.gold/news/referral-rewards-program

Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC

09/28/2020

Frank Giustra Predicts Explosive Gold Market

The price of gold is headed for a new high, and when it does, money will flow to companies, predicts mining mogul and philanthropist Frank Giustra, chairman of Leagold Mining Corp.

“This is going to be an explosive gold market,” he told Kitco News in an interview earlier this month.

“The world is in uncharted waters right now. We’re living in a world with a global debt bubble, and any time you get debt bubbles of this magnitude that are global, that are fuelled by speculation, something’s going to happen.”

Learn more 👉 https://solomon.gold/news/frank-giustra-predicts-explosive-gold-market

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Build your Wealth
Save with Gold
Protect your Future

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👉 www.solomon.gold

The price of gold is headed for a new high, and when it does, money will flow to companies, predicts mining mogul and philanthropist Frank Giustra, chairman of Leagold Mining Corp

09/26/2020

FUTURE GOLD DEMAND CANNOT BE SATISFIED AT THE CURRENT PRICE

If we assume that world financial assets are $500 trillion, the total investment gold of $2.6t represents 0.5% of this amount. The Ohio Police Fund is investing 5% of its fund into gold. If 5% of world financial assets were to be invested into physical gold that would be $25 trillion which is 10x all the investment gold today. Most of his gold is of course not available and certainly not at the current price. But even if just 1% total assets went into gold, that would be $5 trillion which is 2x all the investment gold today. It would be totally impossible to acquire this amount of gold at current prices.

In my view, it is a virtually certain that institutions will be forced by trustees or their boards to inflation proof their assets by holding some gold. The figures above prove that the gold they need is not available at current prices. The only way to satisfy institutional demand will be with a much higher price. So what will happen is that an institution which decides to invest $1 billion in gold will not get it at the current price of $1,940 per ounce but instead at say 10x that price or more. So instead of getting 16 tonnes at $1,940 per ounce, the institution will receive 1.6 tonnes at $19,400 per ounce for the $1 billion invested.

The paper market in gold is likely to collapse at some point in the not too distant future. There is no possibility to deliver physical gold against the outstanding paper claims which are 100-300x times the available physical. Therefore institutions who are intending to buy gold would be extremely unwise to buy anything but physical gold in their own possession.

The combination of institutional gold buying and private buying will drive the gold price to levels that few can imagine. The $19,400 price example given above is most probably much too low, especially with the amount of money printing that the world will experience.

Gold at $1,970 today is clearly an absolute bargain.

Learn more 👉 https://solomon.gold/news/institutional-demand-will-drive-gold-ever-higher-1954
(Written by Egon von Greyerz)

⚜️ Learn how you can start your own Digital Business based on physical Gold: https://solomon.gold/news/referral-rewards-program

Embrace uncertainty has long been one of my personal mottos. Because from this moment on, everything is uncertain whether it is your personal health, the stock market or the economy. Sure, we work with probabilities and the most likely is that the sun will rise tomorrow again and that I won’t die ...