All the right conditions are in place for gold to continue climbing, and one analyst is doubling down on his $1,500 an ounce call by year end. E.B. Tucker, director of Metalla Royalty and Streaming, said all the pieces are in place for a rally, which will come soon and fast.
“The thing I want you to think about is what happens to the market and where is the opportunity when gold hits $1,500. It’s going to hit it fast, I mean, it’s up $60, roughly, in the last three trading days, so this move is going to happen quickly, and it’s going to catch people off guard,” Tucker told Kitco News on the sidelines of the 121 Mining Investment conference in New York.
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