“Free money.” If you heard it pre-pandemic, you would’ve assumed whoever was offering was a scam artist. But now it’s become the official mantra. Stimulus checks. Unemployment bumps. Back-to-work bonuses. More “free money” in Americans’ pockets today, but who’s paying for it tomorrow?
You.
Inflation’s here. The value of your dollar’s dropping. But gold spot prices are rising. And fast. Even big banks are predicting record-setting gold prices by the end of the year. How high?
Watch the video to find out.
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See even more gold price forecasts for 2020 from top financial institutions & industry experts. Read: Gold Price Forecasts 2020
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Stephen Roach, a Yale University senior fellow and former Morgan Stanley Asia chairman, tells MarketWatch that his forecast for a sharp deterioration of the U.S. dollar could be a very near-term phenomenon, not an event that looms off in the distance. ‘I do think it’s something that happens sooner rather than later,’ the economist told MarketWatch during a Monday-afternoon interview.”