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Goldman Sachs Predicts $3000 Gold | Andy Schectman
In this compelling interview, Andy Schectman, CEO and president of Miles Franklin, shares his insights on the gold market and the significant trends shaping it. He highlights that major financial institutions like UBS and Goldman Sachs are projecting gold prices to soar to around $3,000 or higher in 2025, which he views as a crucial contrarian indicator for investors. Schectman emphasizes the increasing demand for gold among central banks, suggesting that the metal's true value could be much higher than current expectations. He warns that overlooking these trends could result in missed opportunities as the market continues to evolve. This discussion offers valuable perspectives for anyone interested in the future of gold investment.
2024 Central Bank Gold Reserves Survey: https://www.gold.org/goldhub/data/2024-central-bank-gold-reserves-survey
Massive US Dockworkers Strike 10/1/24 Disrupts Supply Chains
https://nypost.com/2024/09/29/business/longshoremen-unions-demand-for-total-ban-on-automation-questioned-as-port-strike-looms-from-maine-to-texas/
INTERVIEW TIMELINE:
0:00 Intro
1:55 Why are central banks buying gold?
15:27 UBS & Goldman Sachs gold outlooks
20:33 Massive port strike
27:58 Weekly specials
31:20 28th Amendment
34:04 "Too Stupid to be Stupid"
37:00 Weekly specials
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