Matt Watson: Projection for Gold
A look at the future of gold
With the global monetary policies being very loose, Watson believes that we’re going to continue to see gold climb.
Watson states that over the past 20 years, gold has risen at about a nine percent CAGR (compound annual growth rate) year over year. “I think we’re going to continue to see gold climb long term, march its way closer to 3000. Certainly, it will be over the course of the next decade,” says Watson.