Gold hit new highs in 2023 and there are expectations for it to go higher in 2024.
RT:
Gold prices are expected to rally further in 2024 as lingering uncertainty about the prospects for the global economy spurs safe-haven demand for the metal, Reuters reported this week, citing industry experts.
Bullion finished the year at $2,063 per ounce, surging more than 13% year-on-year in its first annual gain in three years, and hitting an all-time high of $2,110 per ounce earlier this month. Prices have been rallying for more than two months, driven by investor demand in the wake of recession fears and expectations of interest rate cuts by the US Federal Reserve after an aggressive rate-hiking cycle that started in early 2022. Moreover, heightened geopolitical tensions in the Middle East have boosted the safe-haven appeal of gold. All these factors and more are still expected to buoy gold prices in 2024.
Higher gold prices in 2024 is a reasonable prediction considering all of the out of control money creation, debt, Jewish wars and overall instability around the world.
There is obviously no way of predicting exactly where all this will go but I would much rather have some gold than not have some gold. Gold is real money and has represented a store of value for thousands of years. The US Dollar has devolved into a Jewish debt instrument that largely exists on computer screens. It is a far cry from what the Founding Fathers defined it as. It was originally supposed to be a silver coin according to the Coinage Act of 1792.
I personally own physical gold, silver and some crypto assets. That’s because I have no confidence in this Jewish usury system and if you do have confidence in it, I think you need your head examined.
