The price of gold could hit $5,000 if Trump keeps meddling with the Fed, Goldman Sachs says
By Jim EdwardsExecutive Editor, Global News
“President Trump’s war against the Fed’s independence could cause so much damage to the bond, stock, and dollar currency markets that investors might flee further into gold, Goldman Sachs said today in a research note seen by Fortune. This in turn could push the price up to $5,000 per troy ounce. Gold is currently priced at $3,596 on the Comex exchange, up 36% year to date and near its all-time high.”
(Project 2025 details the use of tariffs, ending the federal reserve for free banking, which enables us to follow Trump’s intentions to upend the financial world, with the expected change to digital currency backed by gold, but not in the way one might expect. This is on the way to imposing a central bank digital currency, which will take away constitutional rights. The world economy is expecting big changes which will harm the poorer classes.)
World economy wows, gold rapid rise