I'm going to give you my case for why gold prices are going to blow through $3,000 per ounce and well beyond I know people are a little bit freaked out because some gold mining stocks have been getting hammered lately and gold prices are given back a little tiny bit they're still near all-time highs the factors pushing gold prices higher are not letting up they're actually getting more extreme it's a matter of time and I always tell you about gold even when it drops hundreds of dollars an ounce don't


even worry about it Gold's a commodity it always has value worldwide there's been a lot of speculation and talk a lot of which I've been talking about with potential revaluation of gold and also ating Fort Knox and a lot of repatriation a lot of things going on that are pretty dramatic and that's acted to put a lot of interest in the space and then what happens generally is you get a little bit of a drawback and that's what we've seen there's some tremendous opportunities in gold mining


stocks silver mining stocks that are actually an even better opportunity now because they've dropped back a bit in the meantime here's the main five reasons why gold prices are going to blow through $33,000 ounce probably within a month maybe two I think it'll be sooner rather than later before we get too deep into this please click like on the video that really helps us get the word out to everybody else as I've clearly showed you for over a decade now many many years before anybody was


talking about it the Central Bank buying Trends are just pretty extreme lately and it's actually ramping up a lot there's been 15 years where central banks are net buyers of gold and that is actually accelerated last year it actually spiked up to indicate about 5,000 tons of gold purchased by central banks this is Far and Away beyond anything we've seen something's going on here right and there's also the bricks currency that they're preparing to have the gold back currency which I've told


you if they have that that's a better currency than any fiat currency because it's linked to something of value which is actually money gold is money is linked to money and so they can't just irresponsibly print tremendous amounts more of the bricks currency or any currency that's partly backed by gold they can't just go willy-nilly and print it like they're about to do in the American economy which leads us into item number two the decline of the value the purchasing power of the US dollar


and people will argue but it's doing well on the Dixie index and it's doing well in comparison to other currencies yeah it's doing well in comparison to other Fiat currencies that's irrelevant a bunch of things that don't have any intrinsic value underlying them and they change in value in comparison to each other this fiat currency is more valuable now compared to that fiat currency it's a shell game it's smok in mirrors what's important is that you're understanding that when all Fiat


currencies decline in value the price of money which is gold increases which is why gold is at records in every single fiat currency across the world and if you guys don't feel it there's something happening now worldwide with all the recognition of what is really behind Fiat currencies and why they are a problem which is why the smart money central banks and professional investors are all turning their eyes and thoughts onto gold which is just getting started I believe that it's got a lot higher to


go but for now we're going to talk about blowing through $3,000 an ounce and that will get accelerated because they're going to lower interest rates potentially and maybe they should be raising them because the inflation that's going to be happening now which is already started but the powers thatb are pushing to lower interest rates when the markets start fumbling and coming down a bit they're going to lower interest rates and they're going to print and create tremendous amounts of


new money all of which will fuel inflation and all of that is excellent for gold geopolitical uncertainty and Safe Haven demand when there's a risk off trade you go into things like us treasuries and you go into things like gold whereas you go away from things like the magnif and 7 and all these overvalued stocks this stock market and I'm always early but I'm usually right this stock market is going to be coming down so tremendously which is one of the reasons why why I lightened the load of all my


investments yesterday you've got Rising tensions in the Middle East if you're a subscriber to The Insider exclusive if you're a Peter Leeds Insider Peter leads.com insiders you would have heard that the attack on the nuclear facilities in Iran are very likely much more likely than ever and it'll probably be happening within a month or two less than two months and that has tremendous ramifications in every aspect of everything worldwide if that were to play out and then what you want to do in


the face of the chaos that will come from that is to get into things like gold things that are safe heaven Investments things that people run to in times of commotion and the US debt crisis has finally come into view so slow clap surprise like I feel like such an idiot because I've been talking about this for so long and now people are realizing it but it's far too late now far too late but now it's just about what are you going to do how are you going to land on your feet help with


people that you care about one way to do that is by stacking money stacking gold and silver pure metals and they will increase in price and by extension a lot of the mining companies that find the metal the commodity they are going to do very well and people say well you're wrong they went down the other day and if you've got the short-term Outlook sure anybody's right or wrong at any point in time long-term Outlook is the same thing I've been telling you for over a decade and I put my money where my mouth is and


I'm all in on precious metals I've got a few other Investments but that's meaningless compared to how much of my portfolio is in physical silver and gold and silver and gold mining companies and now I've built up some cash to be ready at the side for when this Market does what I've been telling you for a long time that it's about to do the US national debt has exceeded $34 trillion with unsustainable government spending forcing the FED into more money Printing and I always tell you that gold


is Nature's insurance and what you're looking at right now is financial instability Rising default rates and approaching recession which might be here now based on the numbers we got yesterday and looming massive banking sector instability and all of this is happening now the recession if it gets here when it gets here doesn't have to be okay that is exactly recession because now we've got negative GDP growth it's just you need to know look at investing the way I do you just need


to know that the economy itself is recessing things are slow and they're getting slower that means defaults bankruptcies unemployment suicides increases in domestic violence a lot of really bad things are going to happen and I've been warning you guys about this economic pivot which is begun now the economic pivot will make everything that's been inflating for 15 years now start deflating and then there's going to be a lot of ugly pain surrounding that that's also another reason you want to be in


Nature's insurance which is gold and there's Rising Supply constraints and problems with the whole mining sector it's more difficult to get gold a lot of the good fines the highgrade deposits have been found and exploited to a certain degree still more to go in the Golden Triangle you knew that if you're a subscriber to the Peter leads.com newsletter with unstoppable demand a weakening Dollar Rising Global turmoil dead driven economic risks and now Supply constraints all tells you one thing it


all tells you that we're going to blow through $33,000 an ounce gold and then well beyond when does it happen here's how I think about investing and I need you guys to try and understand my mindset more when is it going to happen it doesn't matter it's going to happen it's going to happen for those reasons that I've told you in this video so you don't have to say it'll go to 3,000 this week and if it doesn't you're wrong it's just pushing and pushing Until It Breaks


through and then it's going to go the time it takes to go from 1,000 to 2,000 then from 2,000 to 3,000 then from 3,000 to 4,000 keeps getting shorter and if you want more from me you can get in touch with me directly become a Peter leed's Insider for as low as a couple bucks a month cancel anytime you want and I just tell you all of my theories and thoughts on every major aspect of the economy from cryptocurrencies to real estate to inflation to global economic risks anything to do with the economy oil


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