Gold: Below $5,000 is an absolute bottom

Gold prices continue to set historic highs.

For gold prices, we believe there is no absolute upper limit; if there were, it would be around $100,000 per ounce.

There are two fundamental judgments:

First, the price of physical gold at $5,000 per ounce is an absolute bottom. It is currently around $3,100.

Second, whether soon or late, physical gold will become difficult to obtain.

These two fundamental judgments stem from three ongoing facts:

First, the international landscape is undergoing a qualitative change.

Second, the emergence of artificial intelligence means that humans will continue to withdraw en masse from productive and service jobs.

Third, gold is the only material in human history that transcends time and space as a value recognition substance; the so-called 'gold and silver are naturally currency,' and for a significant period, cannot be artificially synthesized (gold elements are produced by neutron star collisions or supernova explosions).

Research suggests that there may be 600 trillion tons of gold on Earth, but it is mostly concentrated in the core. The total extractable amount of gold is about 200,000 tons, with an annual extraction rate of approximately 3,000 tons.

The first issue leads to a loss of credit, as many national governments have a strong incentive to buy gold and push up gold prices.

The second issue results in an explosive increase in demand for a sense of security among the majority of people, as they do not know why they exist.

The third issue leaves gold as the only asset to satisfy the above two demands.

You currently see gold as a commodity or investment target, but in the future, gold will not appear in the world of the vast majority of people.

The last chance for ordinary people

This article presents a clear viewpoint: all investable assets should be used to purchase physical gold; buy as much as possible. Even if you have a little spare money, it should be converted into physical gold. Published on April 24, 2024.

Will gold rise no matter what?

This article presents a clear viewpoint: gold is going to rise.

Below $5,544,735,061,680,000 is an absolute bottom.