“Don’t Lose Focus Now: Gold Price Breakout ‘Inevitable’ – with Tavi Costa

Gold prices are once again hitting record highs and there is no denying it. Over the past few months, investors have been speculating whether gold is set for a further price breakout or if it will quickly lose its recent gains. According to Tavi Costa, a popular gold analyst, a gold price breakout is indeed inevitable, and it is something all investors should keep their focus on. In a recent interview, Mr. Costa pointed to the numerous factors that are driving gold prices higher. He highlighted that many economic indicators are signalling economic uncertainty including high US debt, slowing global growth, rising inflation, and weakening currencies. In the midst of all this, gold remains a safe-haven asset and investors are increasingly looking towards it in times of turbulence. The analyst also emphasized the importance of proper diversification when investing in gold. Investors should not put all their money into gold, but should also invest in other asset classes like stocks, bonds, and cash. This way investors can benefit from the upside potential of gold without exposing themselves to too much risk. In the end, Mr. Costa believes that investors should not ignore the potential upside of a gold price breakout. Despite the uncertain economic conditions, gold will remain a safe-haven asset and has the potential to deliver attractive returns. Therefore, investors should not be complacent by taking a passive approach to investing in gold, and instead be strategic in their approach. By doing so, they can benefit from the gold price breakout that is imminent.