Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Rich Checkan: US$3,800 Gold a Minimum This Cycle, US$90 Silver “Very Doable”

by admin November 27, 2024
November 27, 2024
Rich Checkan: US$3,800 Gold a Minimum This Cycle, US$90 Silver “Very Doable”

He sees the yellow metal reaching US$3,800 to US$5,700 per ounce during this cycle.

“Post-election we had a selloff, which I think was wonderful and needed and healthy. These are buying opportunities, this is not the end of the bull market — not even close. None of the factors suggesting that are firing right now,” he said.

Looking at silver, he said the charts show a 45 year cup-and-handle formation, which is highly bullish.

‘We’ve now broken out of that long cup and handle. I’m not a technician, (but) friends who are suggest that given the boundaries of that cup and handle we’re looking at about US$90 (per ounce) for silver,’ he said.

“I think that is very doable, but it’s probably going to be mostly late stage.’

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Spanish retailer Mango to open 60 new U.S. stores as it looks to elevate the brand
next post
Newmont to Sell Éléonore Gold Mine in Québec for US$795 Million

Related Posts

Copper Soars to All-Time High as Trump Unveils...

July 10, 2025

Teck Greenlights Highland Valley Expansion After Beating Q2...

July 26, 2025

Ontario Premier Pushes to Fast Track Mining as...

March 11, 2025

High Grade Results Continue in Sandstone Drilling

May 8, 2025

Asara Raises $2.3M in Placement to Underpin Exploration...

February 20, 2025

John Hancock to join White Cliff Minerals Board

June 24, 2025

Canadian Investment Regulatory Organization Trade Resumption – SAGA

September 24, 2024

SAGA Metals Announces Commencement of Exploration Program by...

August 9, 2024

Ian Rodger Appointed Managing Director

July 1, 2025

Crypto Market Recap: UAE Readies Digital Dirham CBDC,...

March 29, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • CDC official who blasted Trump’s ‘weak science’ led politicized Biden-era monkeypox response

      August 31, 2025
    • Epstein estate to hand over ‘birthday book’ to lawmakers, House Dem says

      August 31, 2025
    • Dyan Cannon denied White House entry after lying about her age on passport documents

      August 31, 2025
    • Israel eliminates Houthi prime minister in Yemen airstrike targeting senior government officials

      August 31, 2025
    • Sen. Bernie Sanders calls on RFK Jr. to resign following departure of CDC officials

      August 31, 2025

    Categories

    • Business (1,092)
    • Investing (2,943)
    • Politics (3,595)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved