Forget Bitcoin and the Stock Exchange: in 2022, it is above all gold that will rise

The year 2022 should continue to be marked by high inflation, as most central banks are expected to maintain an accommodative monetary policy because of the containment measures this winter related to the Omicron variant around the world. The year 2022 was initially supposed to see key rates rise to calm inflation – but we can already understand that this will not be possible in the immediate future, or at least that it risks putting too brutal a brake on growth in the region. most big savings.

It is from this observation that analyst Gareth Soloway (InTheMoneyStocks.com) gives some forecasts for the year 2022. After another rather crazy year for cryptocurrencies, with a price of Bitcoin up by more than 85% , we have felt in recent weeks that prices have reached a plateau – and should start falling again. The analyst estimates that this will be quite large, and could drive the price of Bitcoin to particularly low levels – up to $ 20,000 per unit.

In 2022, inflation is expected to push commodity prices up

Before returning to the rise. At the same time, the stock market should not be doing too badly, but because of the prospect of inflation, the analyst believes that many investors will fall back on gold and other commodities. To the point that an ounce of gold could reach levels not seen since the peaks of 2020. According to Gareth Soloway, in fact, the price of an ounce of gold could potentially reach $ 3,000, almost double its level. current.

At the time of this writing, an ounce of gold was worth around $ 1,810. Besides gold, the analyst also believes that other commodities should experience sharp price increases. Silver, and uranium in particular, are among the values ​​most discussed. Of course, these forecasts should be taken with caution – during these difficult times, rapid twists and turns can follow. No need therefore to sell everything to fall back on raw materials.

Read also – Bitcoin – 20% of miners go underground

Finally, remember that these investments involve a risk of losing money. Although gold has traditionally been a safe haven, large price fluctuations can lead to you losing part of your stake if you buy at the wrong time.

Source From: Presse-Citron

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