While gold hasn’t suffered nearly as much as other asset classes this year… it still hasn’t moved higher like many expected, which has many investors asking one question:
Where is the price of gold headed?
To help answer this question, best-selling author, Mike Maloney of GoldSilver.com, talks to Ronnie Stoeferle in his latest video.
First, Ronnie shows Mike a chart of the Buffett Indicator, which shows that we’re extremely close to a recession, if we’re not already there.
“The recession we’re already in could be quite dramatic, but it also tells me that the stimulus that should be expected, monetary stimulus and fiscal stimulus, will be even significantly higher than in 2020…” – Ronnie Stoeferle, Managing Partner/Fund Manager, Incrementum AG
As many folks today are already struggling to buy groceries, fill their gas tanks, or purchase their first home, a looming recession is the last thing Americans need right now.
But the two note there is something you can do to protect yourself from this coming crisis.
Ronnie shows Mike a chart from page 30 of the Incremetum’s latest research report on gold, revealing gold’s price target…
By the end of this year, the model predicts gold could reach $2,187 per ounce… and by the end of 2030, gold could reach $4,821 per ounce…
That’s a potential gain of more than double from today’s prices.
That’s why Mike believes it’s critically important for everyone to own real assets like gold and silver during the coming years.
If you own gold, or are thinking about purchasing some for the first time, this is a video you don’t want to miss.
About Mike Maloney
Mike Maloney is host of the smash hit video series, Hidden Secrets of Money; former Rich Dad/Poor Dad advisor; author of the best-selling precious metals book, Guide to Investing in Gold and Silver, and founder of GoldSilver.com – a global leader in precious metals investments. For more than a decade, Mike’s traveled the world sharing his economic insights with audiences from Hong Kong to Rome and from Silicon Valley to Wall Street. Get a free copy of his book:
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