Gold poised to reach $8,000 per ounce
The guest argued that gold is fundamentally undervalued and on track to reach $8,000 an ounce over the next three years due to massive credit expansion and inevitable central bank bond-buying.
The argument
The speaker's model places gold's current fair value between $3,500 and $4,000, asserting that the Federal Reserve's resumption of quantitative easing to fund government debt will drive prices significantly higher.
The thesis, stress-tested
✓ What validates it
- ✓Federal Reserve dramatically increases government bond purchases
- ✓Gold price rises toward the $3,500 to $4,000 model range
▸ Risks discussed
- ▸Short-term price corrections back toward the model's baseline value
Hear it yourself
"don't own today. And then we get into what Porter believes is on the other side of a great reset, and why he thinks that the fourth turning will actually put America in a better spot in the coming years. Here's my conversation with Porter Stansberry. Porter, you believe that we're in the fourth turning. Can you explain that concept and why you think it applies to America today? Yeah. So the fourth turning was, sort of a theory of history that these two scholars first put forward in the nineteen eighties. And"
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