Jose Canseco Calls $1500 Gold - Gainesville Coins News
No Minimum order! We accept Pay with Credit Card
Call Us: (813) 482-9300 Mon-Fri 9:00AM-6:00PM EST
Login or Register
Log into your account
About Gainesville Coins ®
Billions Of Dollars Bought And Sold A+ BBB Rating 10+ Years No Hidden Fees Or Commissions All Inventory Ships Directly From Our Vault

Jose Canseco Calls $1500 Gold

blog | Published On by
Jose Canseco Calls $1500 Gold
Jose_Canseco

Four-time Silver Slugger winner Jose Canseco shows that he knows a thing or two about gold as well. The two-time World Series champ expounded on his financial views recently on Twitter, mockingĀ  Japanese bond yields after the Bank of Japan implemented negative interest rates "Bank of Japan should call them Willie Wonka bonds YOU GET NOTHING YOU LOSE!"

But he shows that he's been paying attention to what's happening in the financial markets when he notes that the "psychology for the gold index growing" includes "euro bank mess. NIRP. falling oil, tanking stock markets, Yellen's slowdown hints."

Jose_Canseco_1989

He even notes that with negative interest rates, "gold minus storage cost becoming greater than cash returns" and predicts a long rally. Noting that it's "not a surprise but everyone should be in gold," he steps to the plate and calls the shot: "$1500+ by Memorial Day"

Here's hoping that gold prices take off like one of Jose's upper deck home runs!

 

The opinions and forecasts herein are provided solely for informational purposes, and should not be used or construed as an offer, solicitation, or recommendation to buy or sell any product

This site uses cookies for analytics and to deliver personalized content. By continuing to browse our site, you agree that you have read and understand our Privacy Policy.