West versus the rest of the world - Willem Middelkoop on the chief reason why gold is spiking
There is a lack of big discoveries in the mining sector, said Willem Middelkoop, founder and CEO of Commodity Discovery Fund.
Last week, Middelkoop spoke to Kitco Mining at the Gold Forum Americas/XPL-DEV 2024 in Colorado.
Middelkoop expressed optimism that the gold price could reach $3,000 before the end of the year, potentially marking the start of a new bull market.
"Gold could be on the verge of a breakout. This could be a violent move," Middelkoop said.
He cited key factors driving the rise in gold prices, including currency debasement, a shortage of significant new discoveries, and…
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