Gold to $3,000 by 2022? Sounds crazy, but it isn’t

The Motley Fool/Sean Williams

graphic image of '$3000 gold' in goldWhile most investment vehicles are liable to struggle in the shadow of COVID-19 (at least in the interim), it may prove to be the perfect storm of events that sends physical gold prices shooting through the roof. Having ended the previous week at $1,628 an ounce, it would not be in the least bit surprising if spot gold approached $3,000 per ounce by sometime in 2022.”

USAGOLD note:  After a familiar litany of reasons to own yellow metal, Williams ends with the threat of stagflation – rising prices with stagnant economic growth.

Repost from 4-1-2020

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