Gold is going to go to $10,000 per ounce.
Why?
Because the government/ Fed are going to print a truly obscene amount of money as soon as the economy rolls over.
Consider that Trump administration is current running “recession-level” fiscal deficits… at a time when the economy is still growing. Indeed, the only periods in history in which the U.S. ran deficits that were larger as a percentage of GDP was during the pandemic when the economy was in a free-fall and during World War II.
If this is the amount of spending the government is performing now (a deficit of $1.8 trillion), while the economy is growing… imagine what will happen when the economy finally contracts? $3 trillion deficits? $5 trillion deficits?
You get my point.
The only way the U.S. could get away with this much debt issuance would be if the Fed printed trillions of dollars and used it to buy Treasuries. When that happens (and it’s “when” not “if”), gold will go absolutely parabolic.
Below is a chart showing the ratio of gold to the S&P 500. When gold outperforms stocks, this line rises. When gold underperforms stocks, this line falls. Anyone who has any clue how to read a chart will tell you that this chart is forecasting gold EXPLODING higher relative to stocks.
This means gold going to $7,000 per ounce or even $10,000 per ounce.
Now imagine what will happen to precious metals miners when this happens and you’ll see that there is the potential for truly life-changing returns.
The time to prepare for this is NOW before it happens.
On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to potentially make a fortune if and when a gold revaluation occurs.
The report is titled Survive the Inflationary Storm. And it explains my top precious metals plays, including their names, their symbols, and the resources they own. These are HIGH OCTANE positions that are already up 40%, 120%, 120%, 140% and an incredible 450% this year alone!
Normally I’d charge $499 for this report as a standalone item, but we are making just 100 copies available to the public.
To grab one of the last remaining copies…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research