Stephen Akin | Source | Registered Investment Advisor at Akin Investments

Tim Maxwell, Edited By Angelica Leicht, March 27, 2024 / 9:20 AM EDT / CBS News
How high will the price of gold go? Here's what some experts think
"The fact that gold has broken out to a new all-time high and has no technical overhead supply is positive for the long term," says Stephen Akin, an investment advisor at Akin Investments in Charleston, South Carolina. "Technical analysis would indicate the price could rise to $2,300 to $2,400 within a one to two year time period."

Andrew Moran | The Epoch Times, April 27, 2023 Gold is another safe-haven asset put forward by financial experts. The yellow metal has trended higher since November on a weaker greenback and the Federal Reserve’s easing monetary policy prospects. Year to date, gold prices are up nearly 10 percent and recently flirted with the August 2020 record high of $2,069.40. Gold is typically sensitive to interest-rate movements because they can affect the opportunity cost of holding non-yielding bullion. The buck's performance can make dollar-denominated commodities more expensive or cheaper for foreign investors. The other factor has been weakening economic data, says Stephen Akin. "The primary fundamental event that propelled gold well above $2,000 registered investment advisor at Akin Investments was weaker U.S. economic data," he told The Epoch Times. "This data suggests that the Federal Reserve could certainly consider slower rate hikes and a pause in rate hikes sooner."

US News and World Report Matt Whittaker Mar 15, 2023
Green stocks at the forefront of the energy transition could be excellent long-term opportunities

Ford Motor Co. (F)
"I like Ford and their electric vehicle strategy and believe it will help to preserve one of America's icons," says Stephen Akin, registered investment advisor with Akin Investments.
Through 2026, the automaker is investing more than $50 billion globally in electric vehicles and plans to be able to build more than 2 million of them per year by the end of 2026. The annual run rate by the end of this year will be 600,000. "I like Ford and their electric vehicle strategy and believe it will help to preserve one of America's icons," says Stephen Akin, registered investment advisor with Akin Investments