by Peter Reagan, Big League Politics:
This week brings us gold price forecasts you could call outrageous, ranging from $3,000 to $40,000 per ounce. Outrageous, that is, until we remember that there’s no actual limit on gold’s price…
Key Takeaways
- Gold prices could realistically reach $7,000 to $40,000, according to experts
- The U.S. may be deliberately weakening the dollar to boost exports
- Gold is unique in its inability to go to zero, making it a safe haven asset
- Accumulating more physical gold and silver during price drops is wise
This week, a video-heavy installment of Your News to Know rounds up the latest big stories involving precious metals and the overall economy. Stories include: Why there’s no such thing as an “outrageously high” gold price prediction, speculation on short-term gold price manipulation and gold’s shift from global commodity to global money.
