Gold Forecast Bullish for 2015-2016

Michael Lombardi
April 25, 2015

Michael Lombardi, MBA, financial guru and lead Profit Confidential contributor, explains why mining companies have pulled back on the production of gold bullion, how this is affecting the supply of the precious metal, and how demand for the yellow metal from world central banks, China, and India is rising. The presentation is backed up by statistics that have Lombardi concluding that gold prices will rise in 2015 and 2016 as a classic supply/demand imbalance takes hold in the gold market.

Courtesy of Profit Confidential

Michael bought his first stock when he was 17 years old. He quickly saw $2,000 of savings from summer jobs turn into $1,000. Determined not to lose money again on a stock, Michael started researching the market intensely, reading every book he could find on the topic and taking every course he could afford. It didn’t take long for Michael to start making money with stocks, and that led Michael to launch a newsletter on the stock market. Some of the stock recommendations in Michael's various financial newsletters have posted gains in excess of 500%! Michael has authored and published over one thousand articles on investment and money management. Michael became an active investor in real estate, art, precious metals and various businesses. Michael received his Chartered Financial Planner designation from the Financial Planners Standards Council of Canada and his MBA from the Graduate Business School, Heriot-Watt University, Edinburgh, Scotland.

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