James Rickards: Gold Could Hit $27,000 per Ounce
Financial forecaster James Rickards recently wrote (article referenced below), "I’ve previously said that gold could reach $15,000 by 2026. Today, I’m updating that forecast. My latest forecast is that gold may actually exceed $27,000." While gold prices are going up quite rapidly,is that number a potential reality and under what conditions would it happen? Swiss America CEO Dean Heskin and Chris Agelastos delve into Rickards' analysis, his reasoning and gold's relationship with the overall economy on the Secret War on Cash.
Dean and Chris also take a look at copper's potential as demand is high for the utility metal.
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Articles referred to in this podcast:
https://dailyreckoning.com/27000-gold/
https://finance.yahoo.com/news/gold-copper-hit-records-silver-nears-12-year-high-as-metals-rally-continues-160527826.html
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