Business
How a Modest Portfolio Shift Could Drive a $6,000 Gold Supercycle--and Lift Miners With It
How a Modest Portfolio Shift Could Drive a $6,000 Gold Supercycle--and Lift Miners With It ...
About this update from Rua Gold Inc
[{"type":"text","content":"\n\n\n\n How a Modest Portfolio Shift Could Drive a $6,000 Gold Supercycle--and Lift Miners With It\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n Equity Insider\n \n\n\n\n News Commentary\n \n\n\n\n\n Issued on behalf of RUA GOLD Inc.\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n May 13, 2025\n \n\n /CNW/ --\n \n\n\n Equity Insider\n \n\n\n\n News Commentary\n \n – It's almost universal now that analysts see the price of gold going higher than its current position. Now analysts at\n \n JPMorgan\n \n are making even bolder predictions than normal, saying that\n \n\n gold could reach\n \n $6,000\n \n per ounce by 2029\n \n\n , if just 0.5% of US assets held by foreign investors is reallocated to the precious metal. Already, jewelry merchants in the\n \n USA\n \n are seeing a\n \n\n frenzy for gold buying\n \n\n , meaning Main Street is bullish on gold too. In the market, several gold miners are making strides in developing their assets, with recent news coming from\n \n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF),\n \n Montage Gold Corp.\n \n (TSX: MAU) (OTCQX: MAUTF),\n \n Southern Cross Gold Consolidated Ltd.\n \n (TSXV: SXGC) (OTCPK: MWSNF),\n \n Lumina Gold Corp.\n \n (TSXV: LUM) (OTCQB: LMGDF), and\n \n West Red Lake Gold Mines Ltd.\n \n (TSXV: WRLG) (OTCQB: WRLFG).\n \n\n Both industry heavyweight\n \n\n\n Rob McEwen\n \n\n\n and billionaire investor\n \n\n\n John Paulson\n \n\n\n are expecting gold to nearly hit\n \n $5,000\n \n within the next few years, which could set the stage for a major rally in gold mining equities.\n \n Deutsche Bank\n \n sees\n \n\n\n $3,700\n \n gold\n \n\n on the horizon, as\n \n\n gold mining stocks\n \n\n are starting to reflect that renewed momentum.\n \n\n\n RUA GOLD Inc.\n \n (TSXV: RUA) (OTCQB: NZAUF) is a gold exploration company working both of\n \n New Zealand's\n \n main islands—an unusual advantage in one of the Southern Hemisphere's most historic mining regions. The company holds the largest position in the Reefton Goldfield on the South Island and is now expanding a...