Inflation shock & Gold, miners significantly undervalued - Newscape Capital Group

Charlie Morris, Head of Multi Asset at Newscape Capital Group talks about a the risk of inflation shock and a potential rise in gold prices to $1700/Oz levels .”That’s a $500 jump from the current prices”, says Morris.

He adds that yields could rise in tandem with inflation and that could restrict gold to around $1450 levels. He adds further that miners are significantly undervalued and offer great value in the rising gold environment.

Listen to the full segment to know if oil could slip further.

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