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Currencies BLOWING UP - Expect $3000/oz Gold Soon | Tony Greer
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Tony Greer discussed the current state of the gold and silver markets, emphasizing gold's strong performance amid ongoing fiat currency instability. He pointed out that Western central banks' relentless currency creation is driving investors toward gold as a safe haven, predicting it could reach $3,000 per ounce by mid-2025. Greer also expressed a cautious optimism about the stock market, noting that recent economic volatility has led to a potential resurgence in tech stocks and cyclicals, suggesting the S&P 500 could rally significantly. He contrasted the investment behaviors in gold and silver, advocating for a focus on gold due to its stability and historical value as a hedge against inflation. Finally, he addressed the potential impacts of upcoming political elections on market sentiment, asserting that a Trump victory could be particularly bullish for stocks.
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