Gold’s big breakout – $2000 and beyond

ByteTree/Charlie Morris/4-5-2023

cartoon of a man rolling out paper towels that are U.S. Treasuries“Last month, I wrote how the last time government bond yields rose above 4%, it brought down the UK government. It happened again, and five banks, including the almighty Credit Suisse, failed. As a result, an old driver of the gold price has re-emerged, which is Sovereign risk. Get used to a sustained gold price above $2,000 and beyond.”

USAGOLD note: The latest from Charlie Morris who says money printing and sovereign risk are in bull markets.

 

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