Monday , 18 March 2024

Tag Archives: $10000 gold

The World Is Not In A Good Way! Own Gold Yet? (+3K Views)

...It’s a confusing world out there. Some say gold is going to $700 (and they might be right, temporarily), and others say gold will shoot to $10,000 (and they might be right, temporarily). I’m in the middle and, when I tell you why, I hope you see the wisdom of why you should join me there, too.

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The Road To $10,000 Gold: What Could Unfold Over the Next Few Years

My long standing target for gold of $10,000 in today’s money and much, much higher in inflationary terms, is now more probable than ever but I hope it will never be achieved. When gold goes to $10,000, It will not just reflect inflation and falling currencies like in the 1970s but a much more serious or even catastrophic situation both in the U.S. and globally so let’s look at a potential scenario for the next few years. This is obviously not a forecast but more of a rough sketch of what could happen:

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How Much Gold Should I Hold?

Independent research recommends that an allocation of 10% to gold and 5% to silver should be enough to ensure you will do much better in the coming market crash. Here is the rationale.

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