Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Rob McEwen: $5,000 Gold Price is 4 Years Away

Rob McEwen: $5,000 Gold Price is 4 Years Away

Teresa Matich 

Gold prices have risen drastically so far in 2016, but Rob McEwen, founder of Goldcorp (TSX:G,NYSE:GG) and chairman and CEO of McEwen Mining (TSX:MUX,NYSE:MUX), believes that there’s more in store.

McEwen believes that gold prices could challenge $2,000 by the end of the year, hitting $5,000 gold in four years. “We have a point right now where gold’s moving in all currencies just like what happened at the beginning of 2005,” he said. “I think we are in the beginning of a new gold run.”

Watch the interview below, or read the transcript, for more of what McEwen had to say:

Please click link for interview: http://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/rob-mcewen-5000-gold-price-4-years/?mqsc=E3846016