an expert named Ryan McIntyre thinks gold will be a good investment for the next 18 months. He thinks the price of gold will keep going up because of some factors like central banks buying more gold and the fiscal situation of many Western governments. He also thinks that gold is a good way to protect your money against risks from the government. Recently, the price of gold has been rising a lot and is expected to keep doing so. Read from source...
Predicting gold to be 'very positive' for the next 18 months. "A whole new source of madness coming in" could indicate a potential economic collapse, hence, gold prices could indeed rise significantly. However, the basis for this prediction and the validity of the claims needs to be scrutinized further.
The sentiment of the article titled 'Expert Predicts Gold To Be 'Very Positive' For Next 18 Months: 'A Whole New Source Of Madness Coming In'' can be classified as positive due to the prediction by Ryan McIntyre, Managing Partner at Sprott Inc. that gold prices will remain very positive for the next 18 months and beyond. This positive prediction can be seen as generating positive sentiment for the gold market.
The article suggests that gold prices are expected to remain 'very positive' for the next 18 months and beyond, due to several factors such as increased buying by central banks and recent inflows into ETFs backed by gold. Additionally, the fiscal situation of many Western governments and ongoing geopolitical tensions are intensifying demand for safe-haven assets like gold, pushing its price near record peaks. However, investing in gold or any asset comes with risks, including fluctuations in price and market volatility. Potential investors should conduct thorough research and consider consulting with financial professionals before making any investment decisions.