Financial Times|1 minute read

Gold's Future at $5,000: What Happens If Trump Undermines the Fed?

TL;DR

Gold could skyrocket to nearly $5,000 if former President Trump takes steps to undermine the Federal Reserve, according to Goldman Sachs. The current economic climate, marked by unprecedented uncertainty and rising inflation, sets the stage for a potential gold rush.

  • Gold Price Predictions: Goldman Sachs suggests gold might reach $5,000 if Fed independence is compromised.
  • Market Reactions: Investors are reacting to gold's record highs, indicating a lack of faith in traditional financial systems.
  • Broader Economic Implications: This could signal deep economic turmoil and a shift in wealth dynamics.

Here's the full scoop.

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