Is gold cheap at $2000 per ounce?

International Man/Shanmuganathan Nagasundaram/10-11-2020

graphic image of gold flags“As I will explain, what lies ahead is a disorderly change in the world’s monetary system and one that will eventually bring back gold as the lynchpin around which world commerce functions. For more than 100 years, gold was viewed as a barbaric relic – but we will see gold rise like a phoenix from the ashes of the US dollar and other fiat currencies.”

USAGOLD note:  The author believes that gold at $2000 is cheaper than gold at $35 an ounce in 1971 and offers the reasons why he believes that “at a minimum, gold prices have to go up at least 4x.” The author is the chief investment officer for India-based Plus43 Wealth Advisors.

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