Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

Goldman Sachs says gold will surge another 20% and hit $2,300 in the next year, driven by rock-bottom interest rates

The increased forecasts are driven by rising fears about the dollar's long-term future as the world's key reserve currency, and expectations of continued rock-bottom interest rates.
July 28, 2020 0 Comments
Yale Economist Warns of Dollar Crash

Yale Economist Warns of Dollar Crash

The coming collapse in saving points to a sharp widening of the current-account deficit, likely taking it well beyond the prior record of -6.3% of GDP that it reached in late 2005. Reserve currency or not, the dollar will not be spared under these circumstances. The key question is what will spark the decline?
June 15, 2020 0 Comments
Bullion Shortage Panic - What To Do

Bullion Shortage Panic - What To Do

An unsurprising consequence of the COVID-19 outbreak and the resulting flood of easy money (dwarfing even that of 2008) is a surge in demand for physical gold and silver. The spike in demand for bullion coins is so strong, some mints sold their entire inventories in record time. This has happened before, but this time, mines around the world are shutting down as whole...
May 22, 2020 0 Comments
As IMF warns of 'crisis like no other', gold is working its way to new record highs

As IMF warns of 'crisis like no other', gold is working its way to new record highs

(Kitco News) The world is in for the worst financial crisis since the Great Depression of the 1930s as the global economy grapples with the "great lockdown," according to the latest from the International Monetary Fund (IMF).
April 14, 2020 0 Comments

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