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Peter Schiff predicts more gains for gold. Are you prepped for more shocks ahead?

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Investors may feel uncomfortable because the shares are fighting amid continuous trade tensions and definitions. But according to the economists, Peter Chef, one of the assets emerges amid uncertainty: gold.

“Today it coincides with a huge moment in the history of gold, as the immediate price closes $ 3000 an ounce. Despite the silence of the media, this development is great,” she wrote on Instagram on March 17.

Although 40 % of Gold increased during the past year, Schiff believes that the assembly has just started.

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“While Banks Central Banks Gold, retail investors have a unique opportunity to benefit. With gold expecting a height of $ 4000 and beyond, it is now the perfect time for investment.”

In 2024, central banks added 1,045 tons to global reserves, representing the third consecutive year of net purchases that exceed 1000 tons, according to the World Gold Council.

For Chef, the central bank’s purchase not only related to the diversification of the portfolio – it is a warning sign.

Many investors resort to gold as a hedge against inflation, because – unlike the Fiat currencies – it cannot be printed according to the will by the central banks.

Chef says that the growing central banks of golden signals are deeper.

He said: “Investors have not even woke up to what central banks are doing, but the central bankers are familiar with the Fiat monetary system.” “Those who are familiar with the Fiat’s monetary system are throwing their dollars to buy gold. It is clear that they know something, and the public has not yet yet.”

So, what do they know that retail investors do not know?

Chef believes that it is simple: inflation will not go away.

“Investors did not wake up to the reality of high inflation, as much as the eye can see, they still believe that the Federal Reserve will be able to reduce inflation to 2 % – there is no chance to happen.” “The inflation is not going anywhere near it. In fact, it has already been placed on the bottom and heads much higher – nothing has been priced in gold yet.”

2025-06-14 17:05:00

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