There is no good reason to not believe in gold’s future. It’s soon going to be the key globally. We’re going to see a rush to buy gold unlike anything we’ve seen. Leverage with the miners will be off the chart. The strength in the dollar will not last. That’s when we’ll see gold explode and never come back.
According to the commodity expert, the run-up gold has had in 2022 is just the beginning. With the logic of finite supply behind it and a technical setup indicating a boom in price, it seems as if the next leg up in gold price could be inevitable.
Inflation at a 40-year high and rising interest rates worldwide are creating a lot of stress in financial markets and pushing the global economy into a recession and potentially creating a sovereign debt crisis. According to one fund manager, the macroeconomic backdrop is creating a perfect storm for gold prices and gold mining stocks.