Gold price can go to $5,000 easily, but you need to have a correct gold investing strategy and beyond. Fiat currencies are created to lose value and will collapse, all of them, the dollar, the euro etc. So, gold can be a hedge against inflation and loose monetary policies. but, you have to see what is the best strategy for your portfolio and your financial goals. Enjoy the video where we discuss the gold price movements, recent and long-term, a value investing perspective on gold, gold as a hedge and some gold investing strategies.
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