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Gold & Silver as Strategic Monetary Assets

avg score 9.0 · 1 pods
insights
1
net direction
100%
tail / head / mixed / risk
1/0/0/0

tailwind · 1

  • Gold entering massive bull market; $3K-5K target now exceeded, new target much higher
    thomas kaplan · Generating Alpha Podcast

headwind · 0

  • — no headwind insights —

all insights

Gold & Silver as Strategic Monetary Assets
score 9/10
TAILthomas kaplan·Generating Alpha Podcast·last year
Gold entering massive bull market; $3K-5K target now exceeded, new target much higher
Kaplan predicted gold at $3,000-5,000/oz in 2007 when gold was ~$600. He now says we are in the 'foothills of a massive, massive bull market' and his price target has 'changed very considerably' higher. Gold and silver will be reclassified as strategic monetary assets, not commodities.
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