Introduction to Gold Investment
The gold market has been a topic of interest for many investors, and according to Chris Blasi, president of Neptune Global, gold still has a long way to go. In a recent statement, Blasi expressed his optimism about the future of gold, believing that it has not yet reached its peak.
The Current State of Gold
Some people think that gold has reached its peak because it has breached US$3,000 per ounce. However, Blasi disagrees with this notion. He stated, "Some people think gold has reached its peak because it’s breached US$3,000 (per ounce), but I don’t think we’re even close." This suggests that there is still room for growth in the gold market.
The Future of Gold
Blasi’s statement also hinted at a third leg of growth for gold, which he believes will deliver the greatest returns. "The third leg is when it delivers the greatest returns," he said. This implies that investors who get in on the gold market now may see significant gains in the future.
Staying Up-to-Date on Gold News
For those interested in staying up-to-date on the latest news and developments in the gold market, following reputable sources such as @INN_Resource on social media can provide real-time updates and insights.
Disclosure
It’s worth noting that the author of this article, Charlotte McLeod, holds no direct investment interest in any company mentioned. Additionally, Neptune Global is a client of the Investing News Network, but this article is not paid-for content.
Conclusion
In conclusion, Chris Blasi’s statement suggests that gold still has a lot of potential for growth. With the market already breaching US$3,000 per ounce, some investors may be hesitant to get in. However, Blasi’s optimism about a third leg of growth could be an indication that now is a good time to invest in gold. As with any investment, it’s essential to do your research and stay informed about market developments.
