Send this article to a friend:

July
04
2020

Market Update: Gold Hits $1800 – What’s Next?
Adam Taggart

Gold just had one of its best-performing quarters ever

As we committed to last week, this week’s video focuses on the precious metals and the exceptional performance gold is exhibiting right now after many years of disappointing returns.

Year-to-Date, it’s hard to find an asset class that has performed better than gold and gold mining stocks:

And the reasons for owning gold just keep getting stronger and stronger. As this week’s expert guest Jeff Clark, Senior Precious Metals Analyst at GoldSilver.com enumerates, all of these gold-friendly trends are solidly in play:

• record money printing by the central banks
  
  
• negative real interest rates
  
  
• record sovereign deficit spending & debt issuance
  
  
• rising geopolitical tensions
  
  
• dangerously overvalued stock and bond markets
  
  
• covid-19 pandemic continuing health & economic impacts

These are big structural problems that don’t have easy answers. They are highly unlikely to lessen anytime soon, and most (if not all) are more likely to worsen. This is one of the most gold-positive moments in time Jeff has ever seen and he predicts substantially higher prices ahead over the coming few years.

We get deep into the details in the below video. After watching it, be sure to click on these links to download Jeff’s free mining stock guide or to learn more about purchasing and storing bullion via the Hard Assets Alliance:

Anyone interested in scheduling a free consultation and portfolio review with Mike and John can do so by clicking here.

And if you’re one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations.

We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you’ve already got one, great.

But if not, consider talking to the team at New Harbor. We’ve set up this ‘free consultation’ relationship with them to help folks exactly like you.

 

Adam is the President and Co-Founder of Peak Prosperity. He wears many hats, but his basic job is to handle the business side of things so that his fellow co-founder, Chris Martenson, is free to think and write.

Adam is an experienced Silicon Valley internet executive and Stanford MBA. Prior to partnering with Chris (Adam was General Manager of our earlier site, ChrisMartenson.com), he was a Vice President at Yahoo!, a company he served for nine years. Before that, he did the 'startup thing' (mySimon.com, sold to CNET in 2001). As a fresh-faced graduate from Brown University in the early 1990s, Adam got a first-hand look at all that was broken with Wall Street as an investment banking analyst for Merrill Lynch.

Most importantly, he's a devoted husband and dad.

 

 

www.peakprosperity.com