i-80 Gold CEO Predicts a 5 to 20-Year Bull Market for Gold
i-80 Gold CEO Richard Young stated that the gold market has undergone a structural change. After the global financial crisis, central banks around the world shifted from long-term selling of gold to continuous buying, a trend that accelerated following the Russia-Ukraine conflict. He believes that this round of gold and commodity market may last for 5 years, 10 years, or even 20 years. Young and his family have heavily invested in gold stocks, anticipating that as gold prices rise and mining companies' profits and cash flows improve, gold stocks will gain more attention in the future.
-- Price
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