The Gold IRA Company

Yahoo Finance: Gold Forecast – How Gold Prices Could Exceed $10,000

Article by AG Thorson in Yahoo Finance

THE BIG PICTURE FOR GOLD

The fundamental picture for precious metals has never been better. Governments worldwide have committed to suppressing interest rates and printing money to solve their debt problems. Eventually, they will be forced to default or devalue – it is that simple!

Collapse in Confidence

Government mismanagement will persist; this will lead to a breakdown in confidence amongst the American people. I see the potential for a breakup of the United States (balkanization) as political tensions escalate. Investors will flee government bonds fearing write-downs – gold will benefit.

Long-Term Cycle

Gold tends to form major bottoms every 8-years. The last low arrived in 2016. The next one should come in 2024. So, what can we expect over the next several years? Below …

To read this article in Yahoo Finance in full and view the relating chart, click here.

Have Questions?

Speak with a Gold & Silver Specialist.
Call Now: 855-554-4853

CALL TODAY!

Although the information in this commentary has been obtained from sources believed to be reliable, The Gold IRA Company does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice. The Gold IRA Company will not be liable for any errors or omissions in this information nor for the availability of this information. All content provided on this blog is for informational purposes only and should not be used to make buy or sell decisions for any type of precious metals.