Gold at $10,000? Death of the 40-year bull market in bonds?

MarketWatch/Steve Goldstein/3-17-2022

photograph of various gold bars

“The shockwaves are still being felt by the incredible Western sanctions that have rendered the $630 billion in reserves the Russian central bank accumulated virtually unusable. Can the current dollar-centered global financial system last if money can be summarily cancelled?”

USAGOLD note: Analysts interviewed for this article say that central banks will be looking to accumulate a lot more gold so that they are not in a position where what happened to Russia can happen to them. The net result, says one of the analysts, will be gold trading at over $10,000 per ounce. More at the link ……

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