The Target For Gold Could Hit Around $20,000 – $25,000!
We are in the very early stages of one of the greatest bull markets of all time.
In this insightful audio interview, Dr Stephen Leeb shares some great insight into gold’s pullback and China’s endgame. Ultimately he urges investors to stay with gold, don’t get shaken out.
If we assume that this gold-backed SDR is going to be used in trade throughout the world, you have to have a target for gold that’s somewhere around $20,000-$25,000. If you also assume that gold is going to be involved in backing up transactions within countries, and it probably will be involved in backing up transactions within China, which is 20% of the world’s transactions, you are talking about numbers that are fantastic…Bear in mind that the Dow was only 500 back in 1974. Today it’s above 25,000. This can happen…
When It Comes To Gold, Play The Long Game
In this audio interview, McAlvany shares weekly commentary on monetary, economic and geopolitical news and events:
- Play the long game and invest in gold and silver to protect your wealth
- Draghi leaving the ECB
- Negative rates causing the Zombification of the economy due to central bank policies
