Buy Gold Now? How Stimulus Packages Will Drive Gold Prices To Record Highs | What’s Ahead

In this episode of What’s Ahead I discuss what triggered the global gold rush, and whether this safe-haven asset still represents an investment opportunity. The trillions of dollars being spent to save our virus-battered economy are stoking fears of inflation. Gold has always been a hedge against government’s economic blunders.

The election will see a choice between such anti-growth policies as higher taxes and pro-growth ideas like tax cuts. Expect the price of the yellow metal to go up more because of uncertainties of what will unfold in Washington. But gold should not exceed 10% of your portfolio. U.S. stocks always come back. Without exception.