According to Bloomberg,
“Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven.”
Bloomberg states that gold is just starting a multi-year bull run, given central banks’ “monetary policy without limits,” printing too much money and experiencing low or negative interest rates.
Diego Parrilla of Old Mutual Global Investors adds that, “As some of the excesses in other asset classes get unwound, gold will perform very strongly,” and that the “perfect storm scenario will mean that gold will perform best when other asset classes are doing worst.”
Patriot Gold Group is a gold IRA specialist. The firm was the fastest growing gold IRA dealer in America and rated the top IRA Gold Dealer in 2016 by Consumer Affairs. Find out more about the outlook for gold and other precious metals; visit our website (www.patriotgoldgroup.com) or call Patriot Gold Group at 800-974-4653 (GOLD).
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