$2000 Gold is on the Way

The recent breakout above the $1450 level could potentially set the stage for a run higher to previous all-time highs near $2000 per-ounce or far beyond. Although the market may be susceptible to a near-term pullback, such a correction is not only healthy but would be welcomed by eager buyers.

The upside breakout in gold is gathering steam just as the stock market looks ready to fall through the floor. Recent volatility spikes in equities could be just the tip of the iceberg, and markets could have a long way to fall from recent all-time highs before finding another long-term bottom. The ongoing trade war between the U.S. and China is clearly taking a toll, and recent actions by both nations could pave the way for even more aggressive measures, or even a full-blown currency war.

The next significant global slowdown is just getting started, and things are likely to get a lot more difficult before they get better. Unlike the financial crisis of 2008/2009, the Fed will have little ammunition to work with this time around and could not only be forced to take rates to zero in short order but could also initiate a fresh round of QE.

A fresh batch of QE could potentially send the dollar index sharply lower and could potentially stoke hyperinflation at some point. As the dollar declines and inflationary pressures accelerate, the purchasing power and each unit of currency will also decline, forcing users to pay more for everyday goods and services.

Stocks could potentially see massive declines that could erase 50 percent or more of their current value. For the unsuspecting investor, such a decline could be crippling. Not only that but given the potential for a long period of stagflation with little to no growth to speak of, it could take decades for markets to get back to previous levels.

Now is the time to diversify with alternative asset classes that can potentially outperform during the next major global recession. There may simply be no better asset class to look to than gold. This key asset class not only is in the beginning stages of what could be the next major cyclical bull market, but it also has the potential to provide an important hedge against rising inflation, a weaker dollar and other geopolitical risks. $2000 gold is on the way.

Adding this key asset class to your portfolio has never been easier, and perhaps never more important. Speak with an Advantage Gold account executive today about the potential benefits of gold ownership. Our associates are here to answer any questions you may have and can even show you how to build a significant allocation using an IRA account.

The gold chart is clearly pointing higher, and prices could see significant upside in the weeks and months ahead. Don’t wait for the next major stock market collapse or for a weaker dollar to erode your purchasing power further. Explore your options for gold ownership today. Call Advantage Gold at 1-800-341-8584 to get started today.

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