Categories: Stock Market / Precious Metals
Topics: Inflation Stocks / Precious Metals / Gold Stocks

Gold Hits $1,900/Oz for First Time in 8 Months

With inflation at its highest levels since 1982 and both earnings and GDP growth slowing... gold is breaking out. It has hit $1,900 per ounce for the first time since June 2021. This also comes amid rising tensions in Ukraine, which many contrarians are saying is merely a useful distraction from failing monetary policy. 

When gold hit $1,900 back in July 2020, it went on to hit all-time highs north of $2,000 per ounce within two weeks. 

Call it like you see it,

Nick Hodge

Editor, Daily Profit Cycle

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