Not only had Wells Fargo called for Gold to reach 3000.00 in 2021. We also have several problems mounting. 1. The Interest rate is near ZERO 0.2% or less on your savings. Bonds are close to an avg. of .75% Thus, where or how does a good hard working American Family save their money ? The FED, Trump, and most politicians are caught up in the Spend your money grow the nation Propaganda. Americans make less money vs cost of living each year. In the 1980s you could at the very least get 7% on return. Today they are forcing Americans to invest in the market. It is literally the only place you can make more than 5%. The RISKS are huge with the Virus, trade wars, 11 year expansion, etc. Not a good thing. 2. Now you can add in the Bullion Bankers are trapped. Alasdair McLeod - https://www.goldmoney.com/research/goldmoney-insights/a-potential-crisis-in-comex-gold Long story short... Big Family million and billionaires are buying open future contracts at todays prices and expect delivery on their Gold in a months time. If you dont have the gold you must pay the people. The logic that they can write thousands of contracts and not fill the orders has long been a scam to keep prices down. It will not and cannot last. Please read the article and know for your children and grandchildren... Gold and or Silver is the way to go... Investing in the market is NOT what it was... 20% of the SP500 corps. are now listed as Ghost companies. They do not make enough money to pay their debt. Thus they just borrow over and over again destroying value. We made huge mistakes in our finance system and it is all showing up now.
