It’s hard to predict gold prices at the moment, especially with all the talk of a one-world order and a potential one-world digital currency. In uncertain times like these, investors often turn to gold as a tangible investment.
I believe we’re facing some serious market corrections ahead. I’m honestly not looking forward to it. The GFC hit me hard back in the day, and it took a long time to recover.
The reality is that the poor are now poorer than ever, and the middle class has essentially become the new poor. Rents and the cost of living are through the roof, and most people are in significant debt, over-borrowing just like before the GFC.
In many areas, the average home price is now over a million dollars. Eventually, this bubble has to burst, and when it does, the banks will be hit hardest.
Gold could either stabilize or continue to rise—I wouldn’t be surprised if it hits $5,000 AUD. Time will tell.
Personally, I don’t think it’s a good time to invest. But if you’re going to take a chance, and you’re prepared to short (which I wouldn’t recommend), banks that are clearly overexposed may fall hard and fast.
When the so-called “Great Reset” unfolds, billions, if not trillions, could be wiped from the markets. World governments are up to no good, and these are very unstable times, to say the least.
