Although the year-on-year inflation data may decline in the next consumer price index (CPI) release given how low the base was last year, the month-on-month increase could spike, triggering gold price rally, said Lobo Tiggre of the Independent Speculator. Video by Kitco NEWS.
Long-term, Tiggre expects gold to climb to $3,000, and silver to breach $150, perhaps even $200.
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